passive", lol.Any real investor knows this is a tough game that brings some hard knocks. there’s an “app” for that 😂 hahahahafirst year is guaranteed rent LOLI think this is also reason why all these new tech company collapse  , who the world need to buy car with carvana , buying home with bitcoin token and all abracadabraa lol 

The bank account may be temporarily frozen at the time of your death or by court order, especially if federal levies the estate tax and sufficient funds are paid for IRS taxes.

I want sufficient liability insurance to cover my assets.

Insufficient cash flow from other sources to cover emergencies and buy a sufficient number of properties. 

Having an agent in Washington State isn’t sufficient; the law also requires that the trustee itself maintain an office with a phone where homeowners can go to resolve their foreclosure issues.The investigation is being conducted solely by the Washington Attorney General’s Office, which is also a participant in the multistate investigation by attorneys general into abuses in the mortgage servicing industry 

The issue will be if the income is not sufficient enough to repay the loan, or is considered variable and not consistent. 

However, If the beneficiary buys the property at the sale (in the event that there are no sufficient bidders), the borrower – mortgagor would have the right to redeem the property, getting it back by full performance of his obligation.

(He was 96 so he didn't really understand what telling the bank would do.The key is to have sufficient reserves or access to capital to be able to pay off the loan.

And yes, when (and if) you are able to negotiate a great real estate purchase, put it under an ironclad purchase contract, and allow sufficient time to close, you’ll have your choice of “money sources” to finance the purchase.

Always have sufficient funds to make the monthly mortgage payment and always have additional reserves.