Some of these will need to be massaged and adapted to be compliant and legal in your area.

I have done plenty well following some basic real estate investing guidelinesIt's too long to repost how I do that so I'll put it here: It's about the 6th post downhttps://www.biggerpockets.com/forums/311-buying-se...I take the Balou approach from the original Disney movie "Jungle book" "if you act like that bee acts, uuh, uuh, you're working too hard".Set up your Systems & Procedures, Analyze your market, put together a marketing plan, work your market, close the business and Repeat

This is not to say that an atttorney could not investigate and track down the owner, etc, but it would take many, many hours at $300-$400 per hour which will add up to thousands of dollars for the party wanting to find out the owner of a property held in a land trust.As far as getting "ratted out", their is a process/procedure to choosing your Trustee, and even if the trustee was looking to "screw you", there are many safeguards in place to prevent that.

What I like about this little system here is the procedures in this for your outsourced management work just as well for employeed management.Beachbum - you're right but it's not my call to make the complaint and the owners are considering the economic value of fighting every fight.....

In such cases, this power, which is given to the lender to sell the property, can be executed either by the lender, their representative or a trustee.Power of sale California foreclosure guidelinesIn the case of the deed containing the power of sale clause that specifies the time, place and term of sale, the procedure has to be followed at the specified time and place.

Not sure if this is the right place to be posting this.I am looking for the legal procedures of purchasing and liquidating Commercial Foreclosures.

If you do it on an ongoing procedure than you will build a safety net into your plans.

Yes, thanks Dan.Sorry about my wrong wording....I'm trying to find the do-it-yourself step by step procedure of writing these things up, and the step by step procedure of when to notarize, when to record...etc., etc.

> Lease Orientation DVDYou can easily create a PowerPoint Presentation going over each paragraph of your lease and house rules, as well as general procedures such as maintenance requests, trash pickup, definition of "Emergency", proper use of disposals and toilets, and whatever else your tenants frquently have problems with.

PS: Post back and let me know how it goes...PPS: I used this exact procedure to build a monster D&B commercial credit rating for an LLC I needed to do REI.