John Ferrara, while it may sound (and even be) complex, your accountant has suggested this for a reason: it will allow him to properly allocate income and expenses in order to prepare your returns for the various entities.

Since hazard insurances lapses every year a lender must continually get updated declaration pages to ensure coverage.

REO agents and HUD certified brokers can ensure that you do things accordingly.

(called during normal hours this time).If we had needed the rental longer than one year we would have found a new house STRICTLY because of the PM.It certainly gives us a new perspective on ensuring that our PM treats us right AND treats our tenants right.

This starts to touch on investment banking.Every deal can be financed, through one source or another, if it is structured and presented properly, to the right audience.  

The notice should be in writing and should be drafted properly, so that's why I think you need an attorney.

Evictions are going to happen occasionally, even with proper screening.

Additionally, you can go speak to a lawyer who might oversee your foreclosure proceeding and they will ensure the required disclosures have been met and the paperwork is in order.It is possible to affect your capacity to foreclose by accepting the funds if there is no language and the borrower can show that a patter was established and then you sort of changed your mind and wanted to foreclose.

Notice of service not executed properly or in the correct time frame.

For this reason, many foreclosure cases were opened and closed without the proper process.