When you are at the mercy of other owners with varied interests it can become a nightmare.No legal advice.

But a little search on the borrower's many varied businesses and LLCs, all supposedly previously run out of the subject property, made me think I would stay far away.

Since tax lien procedures vary state by state, I would like to hear some ideas as to how the process works in TN.

should i look for out of state lenders who rely on comps?

Lenders' allocations vary 1-3% as to proforma analysis, some don't allocate anything specifically as the DSR includes such administrative expenses.

I take all of the calls for showings myself, I don't farm them out to a service, I think its better to have contact with the brokers showing my homes, if you rely on a showing service to take the calls and set the appointments, I think its far too easy for brokers to avoid you completely and avoid giving any feedback.One thing that I've heard many times over is the question from the other broker, "Is this a flip?"

I'm relying only on cash flow (not cap appreciation).

But the ease of doing so varies with the type of lien.

Moreover, the fact that both current offerings and those funded have advertised Target Returns that are so widely varied and so abnormally high does not help lend credibility to those numbers.

Agree, Oak Cliff is quite varied, from Kessler Park and Bishop Arts all the way down to the old Red Bird area.