I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Personally, I would never open a Series LLC in the State of Illinois.

This means, on average, that this person is facing foreclosure or bankruptcy, and has no other reasonable options.

Name the enduring wealth center and almost uniformly they have significant Real Estate holdings. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Quote from @Jerome Brown: Hey BP, My name is Jerome Brown and i have some real estate experience.

FYI - not legal advice.If it's not a formal assumption and it's a straight sub-to, typically the seller remain personally liable for the debt if the investor defaults.Essentially, what can the investor do better than the seller after refinancing the property? 

Hello My name is Pychou.