In other words, is it taking into account a 20% down payment plus closing costs in year one, but then the picture gets much brighter in subsequent years of the loan?

I was just reading today an appellate court opinion here in Illinois where someone purchased a 2nd mortgage w/o realizing a 1st existed, then tried to reverse the CONFIRMED sale after subsequent auction on foreclosure of the 1st for a myriad of reasons, and then sued his attorney for malpractice: https://ilcourtsaudio.blob.cor...As part of the legal malpractice claim against his lawyer, the plaintiff (2nd mtg buyer) stated, "that Gooch also “negligently failed to stay the final judgment of sale during appeal, resulting in dismissal of the appeal in October 2015 as moot because no remedy remained available to reverse the sale to a third-party purchaser."

2) Regarding insurance: would the owner then have a homeowner’s policy for the original primary residence house, and then a landlord insurance policy (and subsequently landlord umbrella insurance) on the ADU?

2) Regarding insurance: would the owner then have a homeowner’s policy for the original primary residence house, and then a landlord insurance policy (and subsequently landlord umbrella insurance) on the ADU?

she moved out in 2005 and subsequently got married.  

The two hit it off and subsequently started dating.

However, for me to stay at the top of the tax lien priority list, I would need to purchase every subsequent delinquent tax lien or risk another investor jumping the line.

Right now my lease states:“The premises shall be occupied only by the persons named in this lease, or subsequently approved by Lessor in writing.

Together we restored the beauty of that historic Shadyside area mansion and subsequently sold our unit for nearly $100k more than any unit had sold there before (424 Shady Ave).

I did get a HELOC on my primary from PenFed and it was paid off during a subsequent refinance, so now I have none.Chocolate or vanilla.