That helps.I am also assuming that many of these regional/small banks/credit-unions may not have extensive online presence so i have to pick up the phone and do it the old fashioned way (but not 'too' old fashioned way of going there in person...as that would be very hard for me to accomplish for every potential opportunity i find).Originally posted by @Michael Le:You'll likely have better luck with a local-to-property bank as they better understand the local area and market.

:For your convenience, and in an attempt to expedite the reconveyance of the Loan after full payoff in accordancewith the Payoff Demand, we have included a "Substitution of Trustee and Reconveyance" form.IMPORTANT: The "Substitution of Trustee and Reconveyance" form must be executed in the presence of, andnotarized by, a Notary Public.

Would love to have a great presence and really get things going here in this area.As always, let me know if you have any questions.

It maintains our presence and involvement with the properties and allows us to “inspect” them without officially inspecting the property. 

From what I know some PM companies will not service these properties, rents are so low that even a 15% PM fee will not cover for basically twice the work and all the issues that come with that territory.

Knowing the territory and developing relationships are essential to finding investment opportunities.

I use Landlordstation.com to screen, check social media/online presence, call employers/last landlords, and this info I kept from another post on BP a while back.

It's a given that extra headaches come with the territory.

So, we hear about these pitbull attacks, that are usually because someone came into their territory or close to their house etc.

You would need to file form 1116 to claim the taxes paid to PR.PR is a US territory but considered a foreign jurisdiction for 1116 purposes.