I even relayed to the neighbor that if the issue persisted that the tenant would have to call Animal Control and he would be issued first a warning and then fines for subsequent issues.

However, I was also warned to stay away from MFHs as well as they're not worth the time and energy...

If yes, then what others are warning about is correct.

While she doesn't say stay away completely, she warns about the dangers of not legally being recognized as the holder of the note.

Saving a couple hundred dollars on the purchase seems great to me, but I don't want to put myself in a bad position either.Any suggestions or warnings would be appreciated!

Ironically, my agent warned that buying a short sale property can be a lengthy process.

Not having any type of servicing file - which is the REAL reason FCI is struggling with this loan not a payment history (as I described the history in my last post) speaks to what we have warned the masses about in terms of continuity of collection.  

Dear members: This post is to warn you.

These items would add a lot of built-in recreation to our listing, but I have been warned by an insurance agent that this will open our LLC up to a ton of liability should something happen to a guest using one of these items.  

@Rob LaRovere, @Ian Ippolito - I hope the above helps and share if you have any warnings or experiences, both good or bad...I am looking for passive flow, and that is why I am interested in this option.