Yes, an assignment, you need to document the consideration and if you have a note servicer to let them know (or borrower) in writing, we can help prepare these documents for a flat fee.

Writing from my phone so it might be a bit fragmented!

However, I discovered The Players' Tribune which is a journalism company that empowers professional athletes to share/write their own stories.

They chose to close up shop.Having worked at lenders, hearing complaints from folks like you, I can only say "seen it, done it", and if I was a lender seeing a guy with a good story, like "the numbers tell me I should net $1,000/month", take it with a grain of salt, but insist on maintaining your requirements, unless you're a billionaire and writing off $150 million is no big deal. 

If you take money out ( or 1031 does not go successful for some reason) settlement company will write a check to you for same amount they received and it will be subjected to tax at that year (capital gain taxes if property was held for more than one year - 15 % otherwise I believe its 20%.)Will interested to learn more from other biggerpockets members from replies to this post.

This can be a big benefit for someone with real estate professional status that typically does not have a cap writing down personal income from property depreciation.I am not a tax expert not give legal or tax advice.

I would explain - in writing - that he would not pass my screening and that moving him in would be a violation of her lease, resulting in termination.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

If it is listed you can have them write the contract, negotiate for you on anything, and if the seller down the line comes back after you for something that happen you would be covered due to the agent/broker E/O (this is an extreme example).

But the adjuster advised us to possibly talk with the coverage department because it is likely that our insurance agent made a mistake while writing our policy especially considering the home is of somewhat high value.