That's not my game (I'm just not organized enough to do it - nor do I have patience for the people haha).I send a letter and I figure if you want to sell now (or later) that you'll either call me or at least put the letter aside.My honest opinion is that it all works, you just have to WORK IT!

The replacement value is determined by an analysis by Marshall Swift, supposedly an appraisal organization, but who really is in the pocket of the insurance industry, IMO.Your policy will require you to keep your property insured to at least 80% of that replacement value and if you do not, it is then assumed that you have elected to be self insured on a per centage basis as to what you have insured the property at, so if you have insured at 50% of the replacement value, it is assumed under the 80% co-insurance clause of your policy) that you are responsible for the other 50% of the dollar amount of any loss.

It's all a matter of organization, setting time aside for certain functions and sticking to it..I never owned 1,200+ units at one time, but I was the Commissioner of a large Public Housing Authority so was very involved in the oversight of multi units, high rises, to duplexs.

In today's world where everyone wants to be a victim it is entirely possible that the previous homeowners or some activist driven organization could contest these type of foreclosures.I have not heard or read anything on the subject... but perhaps others have and can point out the source of that info.This entire topic further reinforces the need for buyers to have their own title insurance policy.

You have plenty of knowledge to begin.What you view as your potential risk (ending up stuck with a home you can't sell and forced to take HM) is not really accurate.If you are trying to organize same day back to back closings, you will not get "stuck" with the property.The transactional lender wants to guarantee his money so he will inform the Title Agent not to disburse funds from the A-B closing if the B-C closing does not take place the same day.So if the B-C falls apart at the last minute (happens often), the A-B is simply unraveled and you don't buy the property.Worst that happens is you lose your Earnest Money and maybe some closing service costs and a bit of your reputation with that Loss Mitigator.

I am creating a business plan of a property management and developement company catering to non-profit organizations.

I have went to two meetings and they are very organized and welcoming.

Hey charles the one thing I like about the most is that it keeps me well organized.

I also wish there was a better organization of topics.

When any property held for the production of income by a tax-exempt organization or IRA or Roth IRA is disposed of at a gain during the tax year, and there was acquisition indebtedness outstanding for that property at any time during the 12-month period before the date of disposition, the property is debt-financed property.