Having the seller carry a second is not a problem for the first, as long as their business with you is finished and the loan has closed.

.#1 problem?

Have a problem in the forums?

The problem there is trying to get hold of a human being with the authority to accept the deed in lieu.

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Getting a call weekly or even more often might be a problem if you're too busy, on top of managing taxes, general scheduled maintenance, etc."

not a problem. all you have to do is stay consistent.

I removed the chimney and added modern HVAC, making it the only house on the block with it, significantly enhancing its value.

Usually if it is something no HoA I solve the issues but now the prolem is under the HoA mercy that seems to careless and the water damages are severe and scary on the photos.

It is very user-friendly for you as the landlord, and my tenants have had no problems using it as well.