The one stop shopping is definitely the appeal, but remains hard to find.  

If the seller files for bankruptcy, that will involve you in a legal proceeding.

No lender is going to do that and PennyMac definitely isn't going to do it.

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

What happens during periods when the demand for legal work is lower?

Hello fellow landlords,The properties in question are in a market that although it is not cheap, it draws lots of money-cautious tenants. I am foreseeing a bit of a push back or even turned-off potentially decent tena...

we pay a LOT of money for legal advice, legal document preparation, etc., the result is that we aren’t challenged when we need to take ownership if the borrower can’t perform.    

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

No legal advice here, other than get good legal counsel on those two matters. 

In this case, she had no right to the common area and no legal standing for a lawsuit.