InvestorCarrot also has a weekly "mastermind" conference where you can go and ask questions.

Court confirmation would have ensued and legal publication and competitive bids made your original offer wishful thinking.Had you bulletproofed your deal with a performance trust deed or mortgage, you might have been in a much stronger position to protect your position and complete your acquisition.Had you purchased the beneficial interest from at least 51% of heirs/beneficiaries you'd be in a commanding position, maybe even boot the existing PR and replace with a 3rd party fiduciary who'd be paid all statutory and extraordinary fees.Your best defense now is to hire an attorney who threatens (bug does not execute) a lis Pendens clouding title and gumming up the works while you figure out a plan B.If yo don't have the stomach for lawsuits or you live in a small community, I suggest you consider the risk/reward of this opportunity.

The conference call advise from the experts were pretty vague considering the fact that I was from Canada.

Then the CSBS got into the act sending out directives to the states and holding secret telephone conference with state officials giving them directives and interpretations that were never intended by the framers of the model legislation.

I have a conference call tomorrow with them.

Whether you use RentPrep, or do the verifications yourself, here is our "secret sauce" for spotting a scam.The first line of defense is a simple round of questions that often catches the lies.

@Jocelyn Evans,Conventional wisdom has it that long-term holds should be in LLCs, short term and other income producing deals in an S- or a C-Corp, and that your first line of defense - a personal trust - should be part owner of both.Yes - consult a business / estate planning attorney on what works best in your location.

You would have no defense either if you did a wrap around or subject to.

This increases the likelihood that your insurer and the PM insurer may fight against each other and it weakens the defense for both parties.Naming the PM on your policy is simple, doesn't cost a dime, and does not change your protection in any way except to strengthen it.

Many think they are but aren’t so if you don’t think you would be willing to take a life in defense of your own or someone else’s then you shouldn’t carry.