I am now at the stage of selecting all of the companies/individuals I want to work with in order to make an amazing and efficient team.For my Property Manager I very specifically want someone who is INCREDIBLY personable and friendly, someone available 24/7, experienced, and licensed.

The wife and I* have moved in with her as her care givers But she has severe Alsheimer / Dementia  Stage 5 showing signs of stage 6 .

David,I am still in the early stages of panning as well and I'll tell you for me writing a business plan and sharing it as I go with people around me is helping me gain some confidence.

Without getting too specific, my mom died unexpectedly, another family member contracted emphysema, another succombed to alcoholism, another was diagnosed with stage 4 cancer and fought 2 years with chemo before passing away, another had 6 heart attacks in one summer and a stroke the next year . . .

The 5 flips I have done have been successful because of this and it is not worth the finacial risk to do a deal if the numbers don't work.We are waiting to hear on a short sale approval this week and I am anxious to see if and when this "shadow inventory" starts hitting the market.I have found I love rehabbing and staging, but it is also a life balancing act.

But once it gets past that stage, and the property becomes owned by new ownership (whether REO or privately held owner) - I can't see why that defaulted borrower is owed anything further at that point.

The finish is so nice...and the photos and staging really make it shine. 

They are receiving cash.Might consider too the liability taken on by a bank that refused borrowed funds that has no contingency to funding.If your funding is from a partnership arrangement, the closing can be cash without any deed of trust or mortgage shown, the security arrangement is contained the partnership agreement through the assignments of capital interests. :)

As we work together on more projects we can arrange things differently, but I need to see the proof that you are a good investment.

It is up to the homeowner to make arrangements for trash pickup.