Quote from @Sean Anthony: Quote from @Michael Smythe: @Sean Anthony website is down and Google states business is "Temporarily Closed".Many times these guys just open another company, so his name will be more important than the company name.He's been reported to the FBI, FTC, local law enforcement, and Ohio Division of Real Estate. 

If the default is not cured ten days after notice, Borrower and each surety, endorser, and guarantor waive all demand for payment, presentation for payment, notice of intention to accelerate maturity, notice of acceleration of maturity, protest, and notice of protest, to the extent permitted by law, and rights under sections 51.003, 51.004 and 51.005 of the Texas Property Code.

Proper notification and time line is dependent on state law.  

I am not lawyer, don't know much about law, that is what my understanding of what my lawyer told me. 

I believe there’s opportunity in every corner of this business, and I want to make the most of it.Also figured I would reach out to likeminded people, the only family I have is the one I am creating I have my in-laws support as well so that is a help.

Once you have steady employment, look for a place where STRs are allowed, with an in-law suite. 

Because you are self servicing your loans most are not legally compliant with consumer protection laws and CFPB requirements such as sending statements on a monthly basis that have all the language the CFPB requires as well as each state may have additional requirements for sending out just a simple statement.

Your parents and you could probably use a really good Elder law atty in NY as well to look at how best to structure their ownership and passing to you.Nothing wrong with selling to a related party and completing a 1031 exchange. 

I'm recently retired after a 30 year career in law enforcement.

For collections in Southern California, try Sutton Law Center or California Judgment Enforcement.