My wife and I are interested in your property at 123 main. 

To give you an idea, we recently purchased a church note for less than $300,000 with a face value of $425,000 because the bank had written down to $270,000 so they then made a profit.  

My main question was to the credit I am giving them since the DF law since I've seen in other discussions that's what one big issue is with doing LC now.

The conversation was about anchor properties, we mainly focused on reasons we chose those properties and what made us choose them.

Well, multi family homes selling for $4,000 are mainly going to be city tax foreclosures where the properties have been abandoned for years in some cases and they are all going to be in D areas.  

@Chris McDaniel I simply told them "thanks for your interest at 123 Main Street, unfortunately you're application was incomplete and you did not meet our criteria.

It is located in a nice town but on a main road.

My parents were the inspiration - mainly my mother. 

But he just a small guy with only a few guys working with him and I already booked him til November, and hopefully he is my main guy so I'll keep him busy til he quits showing up. 

The main reason is liability protection, but as @Terry Alexander mentioned, when you structure your entities correctly and do so working with lenders, it does open you up to a much larger pool and world of financing.