This probably didn't shift the value of the home but it extended the living space for my tenants.

And from the statute that Tom Gimer posted is this statement that if the Credit Union doesn't release your lien, they'll be responsible for your costs (attorney) when you get a judge to order them to release it.

In addition, estate planning is helpful in case health issues arise - especially when the partnership extends over time. 

Specific question comes down to: since a 26 year old nephew is considered "extended family", is it considered discrimination to charge more for this extra adult under Fair Housing Laws?

I think the whole idea is to get the property to where it appraises for 10% to 20% more than you have in it, otherwise dont do the deal.Since you are already in it, I would go back to the lender and ask him/her to extend the terms for another year.

Hello Douglas,I don't know Hiawassee Georgia, but Google Earth shows an awesome view around the property ( so good location)It looks like a good deal,  Cash on Cash ROI at 14% and Cap Rate 8.19%, I would not complain, just make sure the vacancy is sufficient, it looks like a small town.Also, I see you are estimating 5% rate, so I am assuming you will buy on your name if so, make sure you get a good "Landlord Insurance"Once purchased, after a couple of months, or a year, if funds available, I would build a large porch, extend the metal roof, add a deck, replace the bath vanity/faucet and kitchen faucet, have it appraised/refinanced raise rent and see if you can get some of the $36k out, so you don't have to wait 5 years to get it back through Cashflow.Perhaps you can use Airbnb.Best of luck with your project 

I am grateful to those that placed their faith in me when I was new, and regret doing business with others.Eventually, you develop tough skin and you bless and release.

@Luan Oliveira It might not technically be a lien but is probably a UCC-1 fixture filing which is very similar to a lien; essentially the same in fact at least in terms of the steps that will need to be taken to release it during a refi or sale and how it shows up on the title.

But beware if they move you could have an extended vacancy.

But that is really covered by the due diligence contingency.And then I like to put in a contingency that we can extend the closing 30 days by doubling the earnest money.