The second company makes a loan to the first company, secured by a mortgage or deed of trust.Again, legal help is essential.

Call it a script or call it preparation, but I see it as essential preparation for communicating with prospects.Here is an old realtor "for sale by owner" script that has done me very well over the years.

It may become a landlord issue when housing or health codes require it because the property’s conditions violate health and safety codes.As you mentioned Brian, when I purchase a multi-unit I will likely go under contract with a pest control company because, in this type of dwelling there will be more people in the building with different characters (some clean, some not so), but in a single family home (since I’m not required to) I think the tenant being the only family there, and having more control over the presence or not of pest being in the home should handle it, unless of course we’re talking about termites.I’m all for pre-move in pest control.

And if we're really heading to financial Armageddon, I don't think owning the shiny gold stuff will matter, either.You'll want to own the physical essentials: a lot of land and the means to grow/raise food on it; access to energy; and guns/ammo.

I was also involved in door to door sales before investing, and it was always essential for each of my sales people to understand the concept of the "numbers" game.

You have to say no - in writing, on the lease, and specify safety as the reason.

Don't let anyone push back on your comfort zone and safety margins. 

All I am doing is essentially bookkeeping.  

in the U.S.A) you could get the same rate as a residential mortgage.We also have lenders in Canada who are writing 5-6 unit buildings as residential ... essentially, their valuation is too small to be of interest to the commercial lending departments.  

the term "subject to" essentially means that they are giving you title to the property subject to you paying the PITI.