You have no rights at all from the position of holding any tax lien to possession or in taking the fruits of ownership.Seems you mentioned the business model offering "privacy" most thieves usually don't want to make known their escapades, perhaps a money laundering scheme might keep the rents paid under wraps too, but I don't see anything addressing the privacy side nor can it be to the point that this method can't be discovered.Well, again, I spent time addressing guru type matters keeping newbies out of harm's way.

Due to this and compressed cap rates we have found ourselves riding the sidelines for many deals that come our way.That being said there are still many REI opportunities in the state to be had - it just won't be the low hanging fruit that you can constantly pick from.

The investors did little to no maintenance, didn't visit the property, but sent a fruit basket to the tenants every Christmas, which amused the tenants.

My dad is the type that wants to hit a homerun every time in Real Estate, sometimes it drives me nuts because I talk to him about a good deal I find and he brushes it off.

Congrats and enjoy the fruits of your labor.

It doesn't.There are all kinds of consumers out there.Some people would think what I make ( six figures per deal ) is nuts.

Go for the low hanging fruit.

Well I just lost a long reply, but in a nut shell, with all due respect Ken, Some of your comments seem to be rhetoric and I suggest people research this for themselves and not take in the assumptions and claims mentioned to influence law makers.I happen to know a little bit about costing mortgage originations and while you will have basic fixed costs, few expenses are related to the dollar amount, so saying a 25K loan can not be on the same regulatory table as a 250K loan is incorrect.

Just because YOU don't like fruit cake Phillip, doesn't mean you have to complain about it to everyone that will listen.

They seem to have a "settling-in" period of a few weeks or a month where they drive you nuts.