I was recently separated because of some torn muscles in my shoulder so time to start the civilian life.  

The first lien holder gets paid first so they usually try to muscle out the second lien position.  

My first question is regarding the rehab process...when you say the seller is interested in just having you come in to do the repairs, do you mean that they would retain ownership/title to the property while you rehab it? 

If property is held in a company, expenses are deducted against the companies revenue.Obviously the taxation discussion is more detailed than this little blurb ... go see your accountant :-)2) Income "sharing" - If the real estate is held in a company, it is easier to have multiple owners of that company (each with their own class of dividend paying shares) which means the retained earnings of the company can be "shared" amongst the various shareholders: ie, a spouse, {adult} children or grandchildren {you need to be careful paying dividends to minor children as the CRA taxes them at a higher rate {search "Kiddie tax"}}.3) Trusts - if your objective is to build a significant real estate holding which you may wish to leave as a legacy to take care of those nine grandchildren, then you will want to consider the possibility of a trust down the road.  

The gross amount paid to Fannie Mae by a Winning Bidder on the Transaction Closing Date for the Interest Sold The Price Paid for the Interest Sold and the value of Fannie Mae's retained interest based on the present value of projected cash flows.

The seller went down there himself and muscled them into a different position and did a shotty job fixing the gaps with a universal repair adhesive - duct tape.

I am a local investor who would like to buy your house and retain you as a tenant. 

But you retain obligations to the tenant, regardless of what the property manager does or does not do.You are going to be liable for ensuring the tenant gets their security deposit back within the time  period (usually 30 days) required by law in your state.  

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling. 

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.