Texas for example requires an escrow fund.Two loan servicers that have been around a long time that service consumer accounts including mortgages and contracts are Green Tree Servicing LLC affiliated with the Walter Investment Management Company that also has servicing functions.

But the estate was in court later due to its insolvency.

Let's say you rent to someone that have a pit bull, and you know they have one a lawyer will have a field day with you in court if the dog attach someone.

Many factors play into determining value, not many comps would have such a facility, the style as adapted to the home is considered, the functional utility as a residence may be less as well.I'd first call your zoning people and see if 5 or 6 kids requires a zoning variance.Having daycare services or other business activities in a residence is possible with conventional loans, but you can cross the line depending on the perceived liabilities of a business, any significant modifications to a property, public access and other aspects can cause financing issues.

Finding the value is accomplished through the functions of the appraisal process, more to comparable sales and the income produced.

The courts don't want to discourage the use of company's so as long as everything is done right on the corporate side, using an entity provides exponentially better protection that having everything in your name and relying on an umbrella policy.

I take it to court and get the judgement against my former tenant.BP Rocks!!!

AppFolio doesn't have all the functionality we are looking for and others don't either.Thank you,Julie

It does all the accountant functions behind the scene. 

Firstly, sorry for my naive question but I've never been in this position before.I am in the process of evicting a tenant.The current rent they owe is-November rent- $450 + $75 late feeDecember rent- $450 + $75 late feeThere is a court date this week, which I assume the tenants will appear at and try to make any blande excuse/lie they can about why they should continue to stay longer rent free.