Just take the time to properly research any foreclosure property.

A:[/b] A sale properly made under the provisions of Section 7-38-67 NMSA 1978 constitutes full payment of all delinquent taxes, penalties and interest that are a lien against the property at the time of sale, and the sale extinguishes this lien.

Also, if the buyer has a buyer's agent who does their job properly, they'll be notified of what the seller and their agent are trying to do.But on the whole, I think the good points out weight the bad and I think I may try this on a seller's listing.

If I could see step by step the route I need to take (or at least all the "ingredients" like securing finances, tenants, and getting proper documentation) I'd be much more comfortable taking my first step.

If it didn't pay my bills, I wouldn't have the time to give them vital information because I have to eat.We live in a capitalist society, and we each survive by providing some type of information, service, or product that will help someone accomplish something, and we do it for a fee.

Check the filters and see that they are promptly replaced if dirty and tenants are notified they are not maintaining the equipment properly.

Nonethelss my budget is a little over, but I have peace of mind I'm turning out a solid finished product someday soon.

My 2 cents...Instead of pooling money, which you can do btw by first filling out the proper paperwork with your state (I have never done that and I'm sure it's a pain in the ***), I would instead give a 1st mortgage to the larger loan (PL) and 2nd mortgage to the smaller loan (2nd PL.. maybe for rehab work for example).

Forget about trying to educate them.regardless of product - sales is sales is sales.For example my last gig was selling marketing solutions to car dealers.

If it is properly set up you do not have to worry about being sued and losing personal assets, only the assets of the LLC are at risk.