The loan will eventually be satisfied from the death benefit proceeds. 

Once you're satisfied with the property, you would continue with the closing process which is handled by a title/escrow company.

(I wanted online versus local because online banks tend to have better fee structures and convenience features and because I don't foresee my banking relationship being instrumental to satisfying my financing needs). 

Always.How to satisfy your wanting mindKnow what’s keeping you in wanting mindAsk yourself:“What do I notice in my body when I focus on what I don’t have?”

If LLC member passes one of the three tests, they are considered materially participating and loss will be deductible against other ordinary income even if they have limited interest: Limited partners are deemed to materially participate in a partnership's activities if they satisfy either 1) the hourly safe harbor test (500 hours)2) the historical participation test (Historical Participation.

Now the fun just began, you will have trouble collecting or getting them to pay the judgement, but good news for you is you know they have a job, and with that judgement you can garnish their wages (take from their employment income until you get your judgement satisfied).

I as in the euphemistic I, could go to different cities and show viewers where to find contractors when to solicit, how to solicit, what to say, not to say, how to communicate, analyze bids, how to buy out to get the best price, background check, schedule, contracts, and workarounds because life happens.Another Idea would be on Probate when the executor finds out there is more burden than glam because of: Fiduciary responsibility, Corralling family members for decisions, Overcoming family EmotionsOvercoming family greed Satisfying Judges Orders The onslaught of Investors, realtors, lawyersDealing with survivorsYou get it. 

Then this space can be my personal office, and lenders will be satisfied. 

Furnishing and finishing the details took 3x longer than I thought, however, I am very satisfied that I received a mid term rental inquiry for traveling nurse and subsequent booking within 1 week of posting!

If you invest there, are you satisfied with the local economy?