The Trustee only has TWO DUTIES under the DOT: (1) when the mortgage/note is SATISFIED-paid off- the Trustee transfers FULL OWNERSHIP rights back to the buyer, or (2) in the event of BREACH by the BORROWER/BUYER, the Trustee will (after filing appropriate NOTICES conduct a TRUSTEE'S SALE.

I haven't closed on the deal yet and there are plenty of steps till then.I will find out more about the potential capex once i can conduct a thorough inspection with my inspector.As for taxes i will have a homeowners exemption so that will help. however i forgot to account for the upcoming chicago tax increases which could reduce the projected cash flows.

Due Diligence is an activity conducted prior to the taking on of a risk involved with an investment or course of action.

We live east of Colorado Springs on the plains and basically call The Springs home as we conduct all aspects of life there.  

Does anyone know what states conduct tax lien auctions online?

Cost-Benefit Analysis: Consider conducting a cost-benefit analysis for renovating the basement.

I am turning 18 in less than 3 weeks and can say I have been a business owner throughout my high school journey, from small local hustles to building products in my basement to sell online.I am an aspiring Real Estate investor reading many books and conducting hours of research hoping to build an impressive real estate portfolio in the future!

Having valuable connections in Las Vegas, can provide insightful guidance for real estate investments, including local market knowledge and potential property management recommendations.However, it's important to conduct thorough research and evaluate other markets before solely relying on your connections in Vegas.

Conduct thorough research on potential properties, considering location, condition, rental potential, and maintenance costs.

Different from a residential tenant, you will need to have an agreement that states their expected conduct, when and how they will remove their tenant, and if you want any screening done in advance for the person(s) staying in the unit.