My hope is to invest in property up there and use it as my foothold to establish myself in Portland.

Just be careful that the LLC is clean.

Eventually, I would love to invest in cash flow opportunities as I establish additional capital as well.

This one I believe was a half way balance because each is on 1/3 acre, really clean looking and half occupied.

. § FinCEN is establishing this AML program in accordance with the Bank Secrecy Act (“BSA”) § The guidelines relating to the AML requirement become effective on April 16, 2012, and the AML Program’s effective compliance date is August 13, 2012. § The AML program and SAR filing regulations are considered to be “the first step in an incremental approach to implementation of regulations for the broad loan or finance company category of financial institutions.” 4 § The Bank Secrecy Act defines the term "financial institution" to include, in part, a loan or finance company.

Does this mean that the property was wiped clean of all debt when it was sold to me at auction?

I owned my own business Cleaning Carpet and Commercial Offices and Schools for 25 years and always thought I could do much better in Real Estate.

Hardwood, parquet, faux-hardwood, tile, etc. are much easier to clean and you won't reduce your pool of potential tenants/buyers.

We were hoping to just clean up the hardwood, but it took a little more than that.Our floor guy said, "No problem.

But if the layout can at least make it so, for the most part, say two bedrooms will be close to or attached to one bathroom so it's clear that the students staying in those two rooms are to use this bathroom, that will make it more likely that the students in those bedrooms will take "ownership" of it and keep it relatively clean and not destroyed.I should also note that a smaller common area will make it less likely that your house will be where all the parties are at.