But i think the REIT would afford me the flexibility of almost no taxes and also allows me to attract more wealthy investors than a regular corporation setup.What state would you use for setting up a REIT?

In the State of Michigan, I am required to pay cash at the auction and am issuesd a Quit Claim Deed within 30 days.

(If there aren't 2 sets of funds, the short selling bank could possibly make a claim against the title in the future.)

It seems as though restrictive endorsements are legitimate claims.

You'll still be listed on the chain of title as you'll take possession in your name and then quit claim the property to your LLC.

The downsides are that if you allow them to know it, your tenants will be banging on your door on a regular basis.

The cabinets are jacked, but it still has a giant, commercial hood vent, powered louvers, fire suppression system, commercial 3-bay sink, regular sink and a "handwashing" station.

I am not sure on the specifics regarding the costs associated with tenants abandoning personal property.Since we have 30 days to refund the security deposit, and if the tenant does not or refuses to claim any abandoned personal properties after X number of days, can the cost of storage or removal be deducted from the security deposit?

They claim to provide down payment assistance, closing costs, and 100% LTV through partnerships.

I had the exact same experience with a person who claimed to be a note buyer (end buyer-not a broker) that I met on BP.