I look at property often but have not been able to pull the trigger on any.

I would avoid suggesting I wa going to assist them in any way unless I was in compliance with applicable rules.

Such preliminary title insurance report shall indicate that the form of title insurance contemplated by the report is a ALTA Owner's Policy Current updated titlecommitment with copies of all the underlying documents;i) The survey of the Property in the possession of the Seller; Buyer shall pay for any updates;j) Copies of any and all current or pending litigation, or notices of compliance work required by any authority, including but not limited to any agency of any local, state or federal government, concerning the Property;k) Copies of all Phase I and Phase II environmental engineering assessment reports in the possession of the Seller with respect to the Property, including details of any remedial environmental work currently under consideration, in process or performed on or in the Property during the last ten (10) years, including a detailed schedule of all such work which is either required by statute or law or which is contemplated or required hereinafter;l) Copies of any and all correspondence in possession of Seller from any local, state or federal government agency regarding (a) any zoning or re-zoning notices or applicationswith respect to the Property, or (b) any modifications to any highway or street which would in any way effect the Property, or (c) any existing or pending changes to FEMAflood maps directly affecting the Property that are in Seller’s possession;m) Copies of any and all correspondence in possession of Seller from any local fire department with respect to the Property.Should the Buyer find exception to any of the foregoing materials or to any studies thereof, then and in its sole opinion, the Buyer may terminate the Purchase Agreement upon written notice to the Seller prior to the expiration of the Feasibility Period.

I have recently researched Lonnie styled mobile home investing extensively.

Lonnie doesn't cover many of the issues which I have come across in any of his books.

All of these are issues are subject to the state o...

However, if you're in over $20,000 on courses and seminars (I've met some) and you still haven't pulled the trigger on a single property, then you're just fooling yourself.

Originally posted by Financexaminer:Proof of funds is usually the problem after the bank has the winning bid and they take the property to be sold.This is a little off topic, but your statement above triggered a question I had.

You also have to pay someone to that studied for years and years a lot of money to keep in compliance with the stupid code.I prefer to just make sure things make sense without accounting for taxes and figure any additional benefit is marginal upside from there.

You can always include the disposition of such monies in your lease agreement so long as it is in compliance.

Any lease that is longer than 3 years violates the clause as well:The federal regulation (12 C.F.R. 591.2) says the due-on-sale clause is triggered by:“...transfers of real property subject to a real property loan by assumptions, installment land sales contracts, wraparound loans, contracts for deed, transfers subject to the mortgage or similar lien, and other like transfers.â€Andy is right that it is exceedingly unlikely the note will be called, but you should be aware that the lender can, at their option, call the note if you offer an option to buy with the lease.

Good for you for being able to fill out all of the forms in compliance with all regulations.However, I would submit to you that there are PhD's in Accounting or Finance in India, with a decent understanding of English who would be able to learn these forms and fill them out or check for compliance as well as you.The fact of the matter is that noone is irreplaceable.