I think the limit is $100, but I am not sure about that.

Consider too taking someone over their limit from an open authorization for rents that can be paid a few days later.

Pawn brokers take possession of the pledge asset.Lenders also limit their exposure by using LTV restrictions.What are you trying to accomplish?

I work with them occasionally on a limited basis.If the tenant is just late but they are a good tenant in all other respects that is different from a tenant that is not paying and has other things going on with them as well.In that case you inherited an improperly screened tenant and must make them cone into compliance or leave.When buying properties like this do not count on the rental income right away as you have to go through a purging process with the bad tenants.

You have power of attorney and limited power of attorney.They shouldn't need to give you either in this situation.All you need is an "Authorization to Release Information" form signed by them with your contact info on it and then YOU fax it in to the appropriate department.

Joel, the washer/dryer is on the first floor, so the water damage was limited, but still costly.

And I too, have thought this was more of a lifestyle choice than a good investment, but now Warren says to do it...http://www.forbes.com/sites/janetnovack/2012/01/27/warren-buffetts-advice-to-a-boomer-buy-your-sunbelt-retirement-home-now/http://www.forbes.com/forbes/2011/0627/money-guide-11-real-estate-gallagher-nar-vacation-retire-later.htmlWhat do you think, would you do it?

Read or heard it was changed, or they were thinking of changing it, to a prorated basis where you were to pay according to a proportion of years rented and years lived in.Another question: If someone 1031's a place then is there a time limit the new property needs to be a rental before it can be lived in and converted via 2 year time horizon, into a residence and becoming eligible for tax exemption.

You've shot yourself in the head with that 30 day limit on when you can install a lockbox and start showing.

In a syndication with multiple limited partners, what is the protocol for a limited partner whom wants to exit the investment?