This was not a cheap endeavor, but it fit with my management business and I can hire my crews with equipment out to other property owners/landlords to help recover my investment.DE can work, but it takes time to work and requires them to come into contact with it to do any good.

I do not like to shortcut when it comes to agreeing with someone about a deal.

I find that if I figure out who personally has a vested interest in getting the bank's job done, and maintain communication, you pick up your shortcuts along the way.Have you consulted a RE attorney on the matter?

You want to get a payoff for all that work and if a bank or fund bids 4%, then it's easy to feel all the time spent researching is not worth the return.But with systems and getting good with how to perform the due diligence you can really make nice returns with "no tenants, no toilets, and no termites."

Your agreement with the GC should spell out the payment process; the GC should provide you with proof of insurance, 1099 info, waiver of liens, scope of work and how punch list work is to be handled.

You can find find contractors that can do the work and not take your equity.

I drive between sunrise and power inn (locally) every day for work and I can't tell you how many MHPs I have discovered because I got interested in the niche.

Of course you still look for other properties in between then.There is no gravy train out there and real estate is hard work and so it investing.

We have our handy man do the work and we bill the tenant for it.

NO one lending money to an unaffiliated third party can be 100% perfect.. there are going to be deals that don't work and need to be worked out.. there are going to be deals were no return on investment was made and their will be deals that principal is lost.