Hello,My name is Mark. I am 29 years old. My wife and I live in Federal Way, WA. We purchased our first house in 2009.  I have a beginner level knowledge of real estate investing and I have spoken to other real estate...

I say that as someone who is impartial to risk.The problem with comfort letters is that in the event that you default, even if it's 20 years down the road, the lender will attempt to go after the CPA.

If It can reassure you, I received 4 loans myself while leaving overseas, there was a few bumps on the road but it worked out.Best.

Just to know what my investment options might be for this property down the road.

This could really help you down the road.

Maybe there is a university down the road that has a housing need and is rapidly expanding.

HIGH ROI on paper generally speaking for anyone who does not live in the market = high risk  that is true in all major MSA  this is why the folks that are buying Morris invest homes will see a rocky road in the future its the area .. forget about whether the house was actually rehabbed or not. ( as some have complained about.Most go through this learning curve.. thats why I like where Chris Clothier has taken his company higher end assets that have dual exits.. and he is not out there touting 12 to 15% returns. his numbers are realistic and if you want to own rentals own solid ones.But don't beat yourself up you did not know what you did not know.. there is a place for section 8 housing and a bullet proof PM is critical.

I’m in the Hampton Roads area of Virginia.

In my opinion, take the high road, stay out of the mud and creating stories and simply reveal the truth of the fraudulent transaction that started it all.

What are the roads like, lot rents, etc.?