If they went to look at all the candidate properties agents would starve to death for lack of sufficient sales.

I took what little knowledge I had and combined it with commen sense and I actually enjoyed it, even though I was scared to death.

Further many will go on to say they don't care if the houses ever go up becasue they are only interested in cash flow and will own them forever.Now i get that sentiment.. but I have also been selling real estate for 44 years.. and i can tell you most people don't hold any kind of property more than 10 years.. life happens.. things change.. they decide to move work moves them.. divorce death health.. kids need collage money all the things a 30 year old investor is not thinking of right now.. its so far from their thought process. 

Getting creative in this field can be a social death sentence, not saying any screw up is, just that it very well can be. 

And mom passed at the end of April, they got the last of the money in the first week of January of the next year, 8 months and a week, not that long considering we had to get death certificates in LA, 60 day notice to vacate, escrow for 45 days, and reno time and listing time. 

When I received the aforementioned harassing call it went right into a separate subsection of the guys notice to quit.Based on previous threads, there are more than a few who are scared to death of their tenants and won't even acknowledge they are the landlord when confronted- they claim to be the property manager.

That's right - there was a famous case in France (Jeanne Calment) a few years back where an investor made a deal with a 92-year old lady to purchase her home for a good price in exchange for her right to live in the house until her death. 

A home here locally in which the husband bludgeoned the wife to death, sold within a month (of it being cleaned & released by the authorities) & it was not discounted.

The Revenue Dept position is that its a business event, not like the divorce/death or other relative changes. 

The personal representative would notify the mortgage company of the death of the original borrower, but this would not be a liability of the estate, since there is no personal guarantee associated with the loan, and the death of the original borrower does not in and of itself trigger an acceleration of the balance of the loan.