Individuals generally don't convey by SWD unless some matter is excepted out in that deed.If it's just a SWD without listed exceptions sounds too like the attorney is venturing off to where he thinks he's simply protecting his client.

No it does not matter, a trust is not exempt from losing a property due to not paying property taxes.

In terms of getting the higher returns, outside of venturing into northside I don't believe 10%+ return properties are listed on MLS right now.You can alway keep an eye out and maybe in spring some inventory will bring some better deals.

Might anybody venture an estimate on this?

IF that would work, would it matter if it was done as a LLC, Joint Venture, Partnership, etc...Thanks for sharing the knowledge and your fast reply too!

Will a private money lender loan on this with no money down...or would it be easier to try and find someone to do a joint venture?

, educating ourselves, and figuring out what we want to do next (we closed on a triplex earlier this month).We just decided that I will resign from my job to focus on our real estate venture- scary and exciting!

Chris, I definitely see the benefit of beginning with month to month lease, especially because (in my experience) if you treat a good tenant right, they tend to hang around in your property for a long time anyway, so there is little to lose.

If for some reason he wouldn't sell to save himself from losing his home, a BK would immediately stop the foreclosure.

If the're below market you may be able to get some increase without losing too many tenants.If the numbers don't look right, cancel.