I am not sure why Escrow said he cannot be owner and Beneficiary, except they may never have seen it thus far.Randy and I will be doing all our deals together, so we feel it is best to figure this out and get whatever Lending doc we need drawn up as template so we can secure him as the lien holder on any deal.I really am curious and will research more as to if/why or why not he can/cannot be a owner/lien holder on DOT.Will keep you posted on results - remembering we are in WA, so we will see.  

Remember you don't have to own a property to control it.

Remember that maintenance and repairs are deductible expenses so you will get it back.

Remember, E&O Insurance is really covering the agent and not the flipper. 

We rented the unit out for $700 or $750 a month (i can't remember the exact rent off of the top of my head right now).

Please reach out if you remember the FOCUS publications group (Focus OC, Focus SD, Focus Riverside, etc.)

Remember, the tenants are the ones that are actually paying for it (as long as you're cash flowing), not the investor.Joe VilleneuveREcapSystemA2REIC

Remember if there is any doubt about the quality of the person you are considering giving  the lock box code to, the answer is to schedule a showing at a time you can be there.

Remember you don't have to own a property to control it.

But remember each month you are renting, you will always be cash flow negative without any equity buildup.My 2c.