In order to be completely protected it is good practice to make sure both the title & insurance policy are in the same "business name".  

The hard part is realizing when its right to switch over.

I switched from "builder beige" to using light grays. 

Low maintenance, (Hopefully) well kept, you get some amenities built in, market value protection, etc.My plan was to own my condo, and buy houses for investments.

I am active in newark PM me if you want to touch base Also be aware that newark investing is a very active management game, you need strong processes and the right team on the ground to protect your investment.

More important for some is the loans are generally asset based, with some income or credit review depending on the lender, so they are much easier to obtain than conventional financing.Texas has specific wrap loan disclosures, an 8 day cooling off period, requires the buyer have access to contact the wrap loan lender to verify payments are made and further gives the buyer the right to make missed payments for the wrap loan and get 50% EXTRA credit on their loan for making the missed payment on the underlying lien - to be able to protect themselves. 

Last time I checked, "Drug user" was not a protected class.  

I am a recent graduate from SAIT Polytechnic: Southern Alberta Institute of Technology and currently working at Telus as a full time Switching Technician.

Then convince yourself you now have an ownership interest in the property and that this protects you legally.

Even if my flip does not go well, that 180 a month is not going to cause me to default and i will have 10 years to pay it off before it switches into a fixed P & I loan (it helps that the HELOC in on an investment property and tenants pay the HELOC for me).