Also, you are risking more than your $250K+ in this scenario...kind of like margin correct?

Is this correct thinking, and would this be a good investment?

You ordered the appraisal, correct?

So if I get repeated calls from neighbors about noise or parties, it becomes a management issue and charge $25 for taking a call and giving notice to the tenants to correct such neighborly conduct, if they don't pay it with the rent, then they are in default and that can lead to eviction.

Bill is correct any new note would also have a due on sale clause.

The company gets a per diem for each tenant and must profit food, shelter, clothing, transportation and other essentials of life out of the stipend.

Politically correct for the politicians.

If those are correct, DTI is just over 3%.

If I remember correctly, you did quite well as a long distance landlord.

Might be called something different (its a "notice of election and demand" or NED here in CO), but I think lis pendens is correct for SC.You may be able to call the recorder and get some info over the phone.