(No Snowball Effect)2.

These are often companies who have pooled money from investors (doctors, lawyers, etc) looking for a good return. 

Any lawyers out there with an opinion?

This thread showcases the power of a good relationship with local lenders, and the SNOWBALL affect that follows if you use your Legos effectively. 

.- The one thing by Gary Keller (How to simplifiy and prioritise your time and efforts)- Pitch Anything by Oren Klaff (How to Pitch and sell effectively)- The power of habit by Charles Duhigg- Never Split the difference by Chris Voss (FBI based negotiation)Just a few alternate books that will also help you In your multifamily journey.

Hey Everyone,So I am thinking we have another recession coming and I would like some advice on how we can mitigate the effects of a constricting economy.

Google "White and Sereque Real Estate Lawyers".

I would say over a year without problems would be on the new owner but I am not a lawyer Good luck

Unless you are supremely confident in understanding the requirements of the foreclosure process, hire a lawyer.

I am not familiar with the laws in Texas nor have I ran into a situation like this but I would imagine you would need to involve a lawyer who specializes in land.Being that the owners do not want to sell the actual property the home sits on, I believe that would legally mean (*I am not a lawyer*) that at any time they could say "Hey I want to use or sell my land, get off it by tomorrow" and they would have the right to do since they own the land.Also, another hairy situation with that would be who pays taxes?