I work with a lot of military clients who are out of state/country in searching for homes. 

My lender won’t allow me to occupy any of the properties they lend on, and which are owned by the LLCs.  

Hi I own a rental apartment in an HOA complex that is rented out to a person who is part of state funded DDS program.

if the second is recorded before the HOA lien then I dont think it gets wiped out.. but these are state specific.. title company should be able to tell you .. just open up an order and you will see what still survives the sale.

I used a friend for the mortgage (who was new) which was a mistake... my financing fell through on the day of closing in July.

I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background:  I have just opened a single member LLC. 

### Understanding REO PropertiesFirst, it's crucial to understand what REO properties are.

It helps but looking to see what others are doing.  

I am hoping to get some advice from those who have gone down the "private money lending" path before. 

What are some things you would focus on if you are new and planned on full time commitment in lets say 3-6 months?