It is all quite seamless.No one except the attorney and me know exactly what the procedure was and what the numbers were.

If and when she is a single day late on rent prior to move out, then start procedure for eviction.

(Repair Procedure, Due Diligence, or "As-is")4) Did the agent tell you how he/she was protecting your Earnest Money / making sure you're protected?

@Nat ChanIf you used the current FARBAR As Is contract, paragraphs 15 and 16 spell out your remedies and procedures.  

Now, investors in whole loans will benefit from a number of the restrictions and protections that previously applied only to investors in fractionalized loans, AND the same requirements (1 and 2 above) apply to whole loan investments.I'm attending a conference soon, where extensive coverage of the topic will be provided.I'm working with some attorneys and other trust deed investment providers to come up with procedures to fulfill the requirements, especially the more challenging # 2 above.I think investments in California trust deeds will now be somewhat safer as a result of this.

Every county is different, you need to go to the county websites not to the state websites to get precise dates and procedures.

Coordinate and share information regarding the practices used by state regulators for onsite and offsite examinations, information requests, and training programs (including annual meetings regarding procedures);§?

I would be willing to at least sit and talk to you regarding this to help you understand the procedures. 

Explain that it is normal business procedure and nothing to be concerned about provided he pays all past due rent and late fees by the 15th.If he does not pay you proceed to evict, get your ruling and if necessary then file to small claims court to collect any money owed.Alternately you simply ask him to leave or non renew the lease if on M2M.

I like the idea of pitching a friendly foreclosure as it would be necessary when junior liens are present and you need the procedure to clean up the title.