A private lender will use the governments power to take assets or foreclose on you.

With REOs, the power and water usually aren't turned on until after your offer is accepted, so the inspector can't really tell you much.Generally, you would get a contractor to do a walk through so you can give a proper offer.

A few years ago Palo Alto tried to get their underground power program moving forward.

-the park includes 60 ft of lake frontage where tenants are allowed to keep there boats and put there docks.

Various electronic rent payments can be set up and they are much more cost-effective than spending, time, fuel, and brain power dealing with paper.  

Banks definitely lend easier with a stable W-2 income, so I plan on keeping my job as long as possible to get my boat closer to the dock before I jump ship.

The PAYOFF : You're sitting on the stern of your 50 foot plus boat in the Caribbean, say St.

So it may be of benefit for those thinking of launching into this to save up a little before you try it.biggest reason small business fail is undercapitalized and your simply a small business and if you have little to no capital you have no staying power.. if you spend all your liquidity and cant get deals in the short term your done... or worse you run up your credit cards and now have nothing to show for it but massive debt.The legalities of this aside..  

To which I say, all the power to you. 

@Teddy Johnson, you're certainly right to resist this arrogant exercise of power.