I wanted to share with everybody a few lessons that I learned on one of our best properties this year.My partner and I ended up buying a property with a very unique situation.The seller's main concern was that he did not want to deal with his brother who was squatting in the house so he said he would sell to us at a discount if we can deal with the brother.We decided to take the leap of faith and get the property under contract.

To leverage or not is a balance of risk/reward unique to each property and individual.  

You can create the LLC in any state as many used a Delaware LLC or a Nevada LLC years ago because of anonymity and some other law unique to these states but don't think it's common anymore.

Some other perks of commercial loans are flexibility in terms of: vesting title, seasoning requirements, sourcing funds, and unique properties (commercial lenders take on a lot of bank fall out from obscure properties with mixed uses, grandfather clauses, and other nuances).

I'm new to the group, based in Dallas, and would love some advice on a unique situation.

@Trish Murphy So sorry about your situation.Here are some resources you may find helpful:https://www.state.nj.us/dca/divisions/codes/office...https://lsnjlaw.org/Publications/Pages/Manuals/Ten...Eviction should be a last resort, as it results in a lose-lose.

They also are unique in having a bunch of google groups (email lists), deal makers (buy/sell/get contractor referals/problems solved from experts) and new investors, commercial and North side rehabbers group... 

I'd encourage you to focus on more unique keywords that target your demographic more specifically.  

I believe God gave each of us unique talents to use . 

The concern is investors already have to overcome the RLTO, a uniquely pro-tenant law that doesn't exist in most major markets.