@Karan Malhotra I think @Jay Hinrichs and I are on different pages of the same book.I was probably getting too far in to the weeds to stick with the "general requirements" theme @Timothy Albright set up.I was simply putting the info out there that a hard money lender is going to require some "skin in the game".

@Hen Ley YES about 200, Simply knock on the door and see if they want to stay and rent most will.

Directly to your question about transferring the mortgage:  unless it's currently a VA or FHA, it is unlikely the bank will simply let you take it over. 

So simply having cameras is not illegal...recording a sign language conversation in. 

Account Closed Good point, but you can get around that restriction by simply buying the properties in your own name then putting them into land trust(which avoids due on sale issues) and then assigning those trusts to the individual cells of the Series.

So simply take the same approach to everyone.

For example, a party (theassignor) that enters into a contract to sell a piece of property can assign the proceeds or benefits of the contract to a third party (the assignee).Is this wrong?

Correct (remember like kind simply means any type of investment real estate)2.

I live in South Florida and have been wanting to enter the RE world for nearly 6 years now.

If the defendant is cooperative, you should be able to have him sign something to enter his appearance, waived service of process and confess judgment.