Quote from @Barry Clay: Quote from @Chad U.: Quote from @Barry Clay: Quote from @Chad U.: Quote from @Barry Clay: Relative beginner here, I put an offer on a 2nd lien for 14K non performing note in Florida.

From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.

I don't have experience in real estate or house hacking, so I want to ensure my plan is sound and that I have all the details mapped out.

@Dayana Castellon the only marketing that would make sense is marketing Airbnb & VRBO are NOT covering already.Maybe market directly to insurance companies looking for rentals for their clients needing temporary housing while their fire-damaged home is being repaired.Corporate travel departments might be another option.Hospitals with resident doctor programs.The challenge will be doing this marketing efficiently enough to make it worthwhile.

Quote from @David D.: You will need to disclose to your lender if you cannot find a replacement tenant.Can you DM me the property address?

She is on here, but for some reason I cannot tag her on this post.

In fact, this just happened to me. 

I'm not sure what you'd learn that you can't find online.

Quote from @Diran Deukmajian: My rental property is in Los Angeles county.

I'm not sure how well versed they are in the trust details but it makes sense that it would be due to the step up basis so if there's a way I can approach them to give them a solution to that, that would be great.