It's also a huge private lot with private access (which the one is just a man-made lake and not private and the other is a public access for the whole community in that area).

City life offers so many amenities like public transit, restaurants, public spaces like parks and the beach, that it is worth the cost to stay here.I live in the 47th ward and my alderman voted "yes" to the tax increase.  

@Shera Gregory@Dmitriy Fomichenko is correct in explaining that the LLC is the borrower, and so long as the lender is not a disqualified party, that is fine.The use of debt financing does create exposure to taxation known as unrelated debt financed income (UDFI) which is documented in IRS Publication 598.  

If the seller died intestate (which seems likely given the timeframe, the property will have to work its way through the probate process, then possibly the foreclosure process (once there is an heir/new owner to foreclose upon) - both of which can take months/years.If you do some digging in the county's public records (google "your county + public records" and then find the probate filings), you should be able to find the attorney who's handling the probate and/or the likely heirs.

Hey guys, I'm working on a direct mail marketing campaign to target "poor" condition homes listed in the public records.

That's a very hands-on strategy that requires a good knowledge of the market, means of transportation, and some audacity to knock on a stranger's door asking if they want to sell.

All of these may not be triggers for you and me but it may be triggers for other investors.The strategy you had in place is not working -triggerThere were additional costs that the previous owner did not reveal to you -triggerIf you got ripped off by people -triggerIf you partnered with someone and you do not get along or can't agree on nothing - triggerOne of the big employers in the area filed bankruptcy -triggerOne of the big employers in the area decides to move to another city or state -triggerhome owners association is similar to Hitler's gestapo -triggertenants association is unreasonable and troublesomeIf you see another deal that you like better -triggeryou feel the market is going to change -triggerIf the weather changes and suddenly you find that your area is not the same ie drought or flood or mud slide -trigger Insurance increases because of weather change -triggerfound out that the land is contaminated - triggeryou are tired of dealing with the property -triggertenants not paying rent -triggeryou took on more than you can handle -triggerproperty taxes went up -triggergangs in the neighborhood -triggerfamily issues change your priority and you simply cant handle it no more -triggeryour tax abatement has expired - triggertransportation has discontinued in the area -triggerlegislation to put in a new transportation station has been vetoed or approved -triggerthe team (ex contractors, project managers, etc) you tried to put together doesn't work out- triggerillegal activity found on the premises -triggertenants tell you place is haunted and you know someone died on property -triggerdemonic neighborsabundance of pests -triggersink hole formed - triggercess pool discovered -triggerwater contaminationpopulation changeschools accredation changesschools shut downtenants or their family starts shooting at each other or youwrong type of business sets up shop near your property, or they are too close or your comfort. ie gas station or drug dealer or prostitution or cemetery or factorywhatever does not float your boat -trigger

If anyone has any positive or negative feedback regarding property management firms in the High Desert, CA  ... please let me know either publicly or privately.

I'm trying to leverage technology/public records to do that hard work for me in Mass and mostly in the commercial space.If you have a supply of properties for the right investors, you can reach out to all the networks like @Branden Van Matre mentioned.

In these counties according to these two sources:http://www.mdrealtor.org/Programs/Housing-Programs...http://mccr.maryland.gov/Documents/publications/Pu...