The one mentioned above took 6 months for the title company to sort out due to HUD not having legal title to sell the property.

They have been responsive to my few requests, but I set up an IRA LLC, so I don't have any involvement with them at this point other than the $40 or so quarterly fee.I had to go back and forth with them some on the form of my LLC operating agreement, so if you want a copy of the agreement they've approved (saving yourself the exorbitant $5,000 or so fee that the attorneys that do this sort of thing charge), send me a PM.

-I was going to write a reply going into all sorts of details, but the more I thought about what I'd be writing, it would end up being more like a short book than a forum reply, so I'm going to try a different approach, which I hope still makes sense.You can read articles like these (and I did read your links, I'm not just dismissing them) until you are blue in the face and still not have a solid conclusion, you'll just have a blue face!

You can also use a hair dryer to speed up the process.

You would write the contract, and send it to a title company and they will sort out all the details.

I saw there was some sort of a get together here in the area - I hope to make the next one.

Even with umbrella policies, oftentimes they will still require a "deductible" of sorts before they pick up any additonal coverages that the primary policy doesn't cover.

Title Ins would not foot the bill here for any sort of legal battle, the The Occupants from Hell!

If I was out of town and looking, I'd be checking out DTLA, Culver City, North Hollywood, Sherman Oaks, Long Beach, and Costa Mesa, because they all sort of attract and sustain young working class families, and that's the type of MFR renter I'm familiar with, and those neighborhoods are somewhat affordable, albeit a tad sketchy in some areas.Now, if I had a bigger budget and better knowledge on the ins and outs of newer developments, I'd be checking out Santa Monica, Brentwood, Venice, and Huntington Beach, because they're nicer neighborhoods.What are you looking for?

As Bill Gulley pointed out, there is a sort of food-chain when it comes to real estate investing.