That is not necessarily the case in this instance but something to think about, also be aware of "service animals" as in most jurisdictions regardless of your no pet policy you must accept them.

That would be theft.You will be much better off finding an attorney or advisory firm that can integrate the LLC with the overall IRA setup & administrative services and meaningful consultations related to maintaining compliance with IRS rules. 

@Tom Gimer - this property has passed through 5-6 trustees from what I can tell, and the loan is being serviced by someone other than the original bank.

I hear:"Alex, you're so poor that the debt services on your cheap, embarrassing houses can be afforded with couch coins and no additional underwriting is needed"#semantics ;)

There is nothing additional being provided in terms of connectivity, disaster recovery, service, etc. for the commercial account.

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

This would apply to a refinance also, since the original mtg would be eliminated, and replace.As @Tom Gimer mentioned, Ocwen usually services loans in default. 

when you attempt to modify a loan, do you reach out to the party directly or do you do it through a services or lawyer?

Heres a place we’re looking at now:Year 1 (us living there)Purchase price: $510kLoan: $492,1503.5% down payment: $17,8501 unit income $1700Taxes: $500/monthInsurance $190/monthDebt Service: $2552.48PMI: $479.85Maintenance: $75Management $160 (we’ll collect this)Vacancy: $80 (5%)CapEx: $100Snow/Landscaping: $100We’ll pay $2388/month to live here taking into account collecting the management fee hereYear 2 or 3.

I also run a side-venture providing custom property reports and due-diligence services.