Going forward, all payments, maintenance requests, and correspondence should be sent to the address listed at the top of this letter.And then below that it lists other payment methods, how to submit maintenance requests, etc.

(Being as how it's a duplex, I'm going to assume a gross split of $775.00 per unit, which means the management company will want 50% of that, or $387.50, or $9.3k of your gross rent.)Correct me if I'm mistaken here.

One quick correction, the appraisal came at 105k$.

Am I understanding this correctly?

Not sure if I'm interpreting correctly here.Abel: My intent for this post was to find if there's anyone out there who invests in other types of notes (or promissory notes to remain technical.)

This would be in addition to the CRIM, correct?

I've learned from some very successful investors and after trying different methods I've had great success getting huge discounts telling motivated sellers that I have the money already at title and can close as fast as title can move.  

Hey @Wesley Mitchell ,Sounds like you're indirectly pursuing the  BRRRR method; acquire a property, improve it, then refinance and get your money back (in this case it'd be 75% of the ARV after improvements) This would help you keep the house as well as attaining funds for your next investment.https://www.biggerpockets.com/renewsblog/category/...

An LLC May be a correct choice down the road but right now your LLC won’t be owning the property.

An attorney attempted to arrange a loan modification, and advised my mother to stop paying the mortgage payments.One thing I did understand correctly was the gentrifying trend of the neighborhood, and the house has since appreciated in value to around 890K(adjusted comps analysis).