However if rates rise (they were 15% for OO loans when I first started looking at houses in the early 80's) you can bet banks will start looking for properties that have been sold like this and calling these loans.IMHO this is a temporary solution.

Steve, It's good to know that I can use these checks as a temporary loan.

Its almost as if Ive fallen out of love with the business. not sure if its a temporary thing tho. or maybe i just need ideas to get my mind out of neutral and into gear.

I do not know of anyone setting up an off shore company yet but I was told by an attorney that this is the vehicle he uses.

I would assume that the rent would be aligned with the same rules of loan modification which allows home owners a ,maximum monthly payment of the 1/3 of their income.I would also think that this solution is temporary.

It would cost $10,000 to $20,000 for a temporary fix.

It looks like an attorney was assigned as "Personal Representative"/Temporary Conservator, so although I am not 100% what that means but it seems like someone was appointed as fiduciary.- looking at public records and liens it looks like there might be a rather large HUD second mortgage on the property also (I would think at least 70% LTV)The case is listed as closed since last month but does that mean the property would have been distributed to anyone or is the Conservator still tasked with wrapping up any assets, etc...?

•A period of temporary absence of up to two years for reasons of health, employment, and unforeseen circumstances.

If you are going to go remote and trust a PM, I would go to the best place you could invest and not simply choose your next location (which again would be temporary I'm guessing).

A partner who has already gotten over that mental hurdle might push you in the right direction and the good thing about real estate is it can be temporary.