I'd personally place the blame on the parents for not supervising their children, but I assume that's why I've never been elected a judge.I would seek the advise of a lawyer, I have been sued for a LOT less than this.

So you need to be in compliance with federal and state mortgage brokerage laws.You and your investors could form an LLC and they could provide money through the Operating Agreement and the LLC could make a loan, but that LLC will be limited to the number of loans and will need to be registered as a non-supervised lender.

This doesn't begin to discuss the problems, in general, that develop by having no supervision in the home.

Anyhow, turned out he was just ticked off at the rental agency and wanted the option of getting rid of THEM, and for good reasons - they were slipshod about supervising contracted repairs, and even worse about paperwork --turns out he had instructed them to go month-to-month with us the previous year!!!!

The auction is under the supervision of the county, usually the sherriff or county clerk, if it is a jusdicial foreclosure it is under court order.

We learned to more closely supervise our rehabs.

Don't know about NJ, but here the sheriff (a deputy, really) will supervise the set out, but you have to do the work.

Advertising your vacancy, gas and wear and tear on the vehicle to show the property, tenant screening, certified mail to delinquent tenants, move-in and move-out inspections, supervising contractors, etc.

Some time at other times reviewing properties.When an offer is accepted, there's a flurry of work in due diligence and then closing.After that, it gets very intense for a few weeks to do the work I do myself and supervise contractors.

Character and degree of supervision or control over representatives selling the property.No one factor or combination of factors is determinative.