it is actually two steps first you color each board with its own stain color but then you may have to use the lightest of the stains to sort of feather out your work.be sure to wipe the stain lightly when feathering to bring out the natural gradation of colordepending on your floor you may have to sand some adjacent boards to keep the hues going out. from the repair so that it begins to look like an anomaly on your floor.

BUT, with the ever changing market, we may relook this strategy as well done homes are naturally selling fast right now.

A very big plus in dealing with institutional types is the recourse nature, they can buy one back, buying from an individual note holder, you may not collect. :)

Also, many wives love the aspect of taking something ugly and making it attractive (guys as well, but by and large this comes more naturally to women, whereas men are all about the numbers!)

Thanks Roy N...guess I really have to go back and look at it for some more information on the style and things of that nature. but it would need to be cleaned up/refinished...good to know :-)

Then I would send an introductory letter of new ownership notifying tenant of rent increase with the applicable date and how rents will be paid/received, late fees, maintenance request and things of that nature.

This condo is on first level and doesn't get too much natural light.

this is an excerpt from ours:4.Affiant states under oath that she does not reside in above described property, this property is not the Homestead property of the borrower, and that this loan is for the business operations of the borrower. 5.Affiant further states that she is familiar with the nature of an oath; and with the penalties as provided by the laws of the State aforesaid for falsely swearing to statements made in an instrument of this nature.

I believe Land Trusts are considered revocable by their nature.

Some people may not be too keen on living with strangers (or a constantly changing crowd) - be sure that all bedroom doors have locks on them, for your tenant's piece of mind (and that you have master keys to all, naturally).