We have transfer taxes too and since they are clueless on how to stick to a budget, they are always looking for new ways for others to pay for their mistakes.OK, enough with the political rant, back to the topic at hand. . .

He/She should inform you at least 5-days before hand if payment will be late. 2nd strike, enforce a overdue fine. 3rd (and hopefully would not be invoked) is a legal action.

I want to start establishing relationships with lenders and perhaps get some hands-on experience in the local market by assisting someone who is already successful on their deals.FUTURE:I plan to make my first (and perhaps second or third) investment before this time next year.

Why would it change hands so frequently?

I doubt that there are but a handful of investors that would know what any of these designations are.

If you really just need a hand framing your plan, give me a call.

Show that you are taking specific steps rather than simply asking someone to give you a hand.

I could say a bird in the hand is worth two in the bush, besides that, I'd ask the BK attorney what the time line was, it shouldbe approved by the court fairly quickly, depends on how things move there, but..The second note holder wasn't notified of the sale or the BK, or both?

I would hire a hand to do the rehab and just manage it.

Real estate investing is far more hands on than your 401k or mutual funds, but the added control and direct influence of the returns seems to be something more real estate investors want.You sound like you want to passively invest in real estate.