., when my lender sells my mortgage, they notify me that I have to send my payments to someone else, even though I never signed a mortgage with the new note holder.

I have to say though- where there is competition there is value (and visa-versa) and where there is NOT competition there is usually* NOT value (unless you happen to be a lucky 1st-mover).

I have a corporate Visa with chase that generates a huge number of points.

I also notice struggling home owners just taking applicants money and holding RTAs,then picking non-holders and few months later property is back empty.

The current owner is finishing the repairs needed for the tenant to move in, any additional renovations the lease holder wants to do themselves. 

The first mortgage holder doesn't care because they are in second position.

@Anysa Holder I grew up in Sayreville as well and still live here.

Fellow landlords, I’m deciding between two tenants for my 2bd 1ba unit (rent $1500) and would like your input.COUPLE A:-both work in retail with a combined income of $80k/year-no kids-no pets COUPLE B:-husband sole earner with $100k/year (On H1-B visa) -wife is on a dependent visa and not allowed to work-2 kids-no petsWe’ve met them both and are impressed with them.

I intended to bid up to $320M which would mean the senior gets paid but anything beyond that goes to subordinate lien holders so, I knew at $320M, my $140M was coming back to me.

FYI:  Aftert the listing agent for this property said she'd spent a year sending letters to the title holder of the double wide (it was NOT forclosed on ~ has back taxes and has been vacant for years) I had to do this my self.