However this may not pencil out after all that i have read there are extra fees and taxes they may make this very difficult. I

The difficulty would be in the evaluation.

Were they actually inhaling?

Thanks for the heads up, not a path that I am interested in travelling down This goes back to the difficulties in dealing with IRAs/401ks and why for active investors it may make more sense to take the tax hit and penalty for fewer restrictions on the money .

When you couple these changes with ever increasing difficulty of actually foreclosing on a default owner occupant (if you can do it in less than a year you’re pretty lucky), it really makes little sense to fund a private mortgage on an owner occupied home, and with that in mind I really don’t see Secure Deeds or myself offering them to investors any longer.

One of the major ones I was not expecting was the difficulty finding decent property management when my husband was transferred too far away to manage our property ourselves.

Be tough.Usually this process isn't terribly difficult. I

You are not worried about triggering the IRSThat extra level of difficulty in finding the principal might be the difference in defending a frivolous lawsuit and having the grifter look for an easier mark.Keeping your business and assets private is a right created by the various statues. 

I once made the mistake of allowing this exact tenant in and I will never do it again.She had an eviction filed against her, and her story was that she was going through a divorce living with her in laws and they filed an eviction against her for no other reason than to make her life more difficult. I

This is also why higher leverage and 2nd liens tend to create difficulties when secured by the subject property.