Never had a late payment in 5 years and haven't needed to do anything but clean for the next tenant. ~$150K property value.

I bought a duplex, have it rehabed, clean, fresh paint, decent neighborhood, price is right, but no serious prospects.

- or at least semi-skilled) You don't have the skills or the tools to do anything yourself except maybe, maybe a little bit of light demo, light cleaning, light landscaping.

Some tenants could care less about them and leave you in the middle of the night/not pay, etc... at which point you could spend more money to chase them down and get a judgement against them than it would take to clean it out and rerent it.

I've also heard on BP that another reason to paint copper is that the paint must be cleaned off prior to scrapping --- and most thieves aren't going to engage in something as laborious as sanding pipe!

Buyer will pay all costs involved in legitimate change of title"I cleaned up the many spelling errors, but should I be worried here?

What the LLC gurus don't explain is that the LLC is still your asset, your assets can be clean out through the back door as easily as the front, meaning, a management issue goes to management company, it gets nailed and its interest are at risk.

RE can be very gratifying.Really helping a young couple buy their first home, making it work for them.Solving problems for others and really saving them from what they saw as devastating or an impossible situation like losing a home.Helping others getting started in some business guiding them to success.Being involved in community, providing safe and affordable housing, no hand out but a real hand up.Assisting people to get back on track in their lives from homelessness.Providing housing solutions through redevelopment cleaning up blighted areas for a better community.Forming relationships with professionals and laypersons that seek your advice is gratifying as well.Having the opportunity to pass on your experiences and knowledge, teaching others how to fish is also gratifying.It's not all about the money, it's more about your contributions in life, to your family and your community

Hopefully the insurance company will provide enough money to trash the house and clean the site so you can sell the land to put toward another house.

So, if that type of thing is going on I'd not want my collateral shut down or use limited and left with a clean up.I'd get with the lender and see what the specific issue is and see if special provisions couldn't be made to cure the problem.