If he passes, the house is still owned by the trust upon death and you can keep the house into perpetuity without a sale in the trust. 

But now a days the title policy will read to that beneficiary and any subsequent assignee's.. and Tim I posted the state of CA disclosure document we used for multi bene loans. so you can see that.what should happen in these multi bene loans is a document that allows the sponsor to prosecute a foreclosure.. if you dont have that each bene has to agree and that is were these get sticky..  4 investor say foreclose and one says nope.. keep in mind in the mid 80s in the Bay area our loan sizes were already 200 to 500k for HML.

I will definitely keep that in mind.Currently I'm just trying to find gain more insight on the program I already happened to pay the initial starting fee for.

Do an inspection every 1-2 weeks to keep an eye on things.

Hiring a professional and reputable PMC will not keep you in the dark, they help you stay educated.

-keep it and deal with calls in the coldest months of the year that it is cold?

We have property managers and don't run the small business, so my workload is minimal.Of course I keep an eye on the market, but finding anything for a guy like me would be way too much work. 

- The Skeptics Take.The Weekly 3: News, Data and Education to Keep You Informed- Elon Musk's AI company @xai is planning to build the most advanced supercomputer in the United States, in Memphis.

The key is buying properties significantly below market value, keeping costs low through self-management and maintenance skills, and taking a long-term view to build wealth through forced appreciation and equity capture over time.

If you cash out refi you won't be able to deduct your mortgage interest until you deploy the loan proceeds on another rental - and you must keep them segregated until then.