I think sending everyone who applied a formal letter is probably overkill for this market.

Is the most fair way to buy out leaving members through a formal appraisal? 

I called but I have to put in a formal request via their form.

Generally speaking approximately 3 months from your last payment 90+ days past due you will receive a Notice of Default which is the formal notification that you have not fulfilled the contract you had with the lender (mortgage). 

The Property is stabilized/tenants are on formal leases and we are looking for LTVs at 80% or higher.Additionally, if there is a forum on BP that I can post to get connected to private lenders, do let me know (and apologies if this is the wrong forum to be doing so).Thanks,

The timeline may be wrong, but the education requirement inflation for job seekers is not.Yeah, a 4-year degree seems to almost be a requirement these days for a while collar job (if for no other reason than it culls through the stack of resumes).Like entrepreneurship in general, you don't need any formal education for most of what BPers does in general.

But, you need to set your moral compass early on to avoid the bad players.Next, learn the fundamentals of real estate, this is from a formal educational type setting, get a test book that real estate agents study to obtain a license.

Predatory issues also apply, it's why a judicial foreclosure was required buying time to pay off a seller.CFDs have a string of issues for a buyer who will be leasing, insurance and loss proceeds, making repairs with contractors, having authority to obtain permits, deal in property matters, deeds questioned and your payments being serviced.

Thanks Taz..that's correct CA is 99% None-Judicial process of foreclosure.

@Raven Reinmuth Interesting...I don't know if I'm just not the trusting type but I was intending on having formal leases with any tenants while I'm house hacking because it'll help to provide expectations and structure.