I think its a great idea as well, if you have proper boundaries set with tenants.Also, if you see them over there hauling out trash, offer to help carry stuff or use your tree lawn.I would put the 'bug' in there ear sooner than later though, otherwise they'll make other plans.

If your business entities and trust(s) are properly structured, your history as a past owner does not have an impact when someone is seeking to find the human behind the owner(s) of any specific property, as far as I know.

Can someone please show me where to find help in the proper documentation, contracts and deal structures that would be of help? 

Hope I understood your comments properly Jeff

Long term appreciation won't likely be as good as LA proper.

Sounds like you didn't have a broker involved to help you price the property properly in the first place. 

I'm looking for a GTA/Toronto based real estate lawyer that is experienced to help build partnership contracts and make sure my business is set up properly.

If banks sell their loans to Fannie/Freddie and the loan defaults, Fannie/Freddie can make you buy them back if they find that the bank did not underwrite the loan properly.

Deposits stay until mutual cancellation docs signed@Don Johnson  EM needs mutual cancellation agreements signed.. purchase price can be refunded upon demand.Title company can't just take money without properly signed instructions..

I am a wholesaler in the Chicago land area and I have been very successful with wholesaling FSBO's and off market properties. I know how it works and I have my contracts in place. The Question is can someone shed some...