More important in my view, is to make sure you know who you’re lending to.Private lending is more about the quality and character of your borrower than the paperwork.

Do I have a case against the daily late payment since I attempted to send the payment via certified mail.

J ScottI will have to sell my rentals to get my money out if the small building I am attempting to develop pans out.

Rather than attempt to develop myself and expose myself to additional risks that are incurred through development.

We will attempt to rent as is, and if it comes up we will suggest the stackable solution, and tell the tenant to buy it themselves.

You suggested not taking deductions now and then in two years -- after you've gotten a loan -- going back and claiming those deductions on an amended return.Sounds to me like you are purposefully attempting to mislead lenders, which to me sounds like fraud...

I attempted to contact a contractor to assist me in viewing the home, but did not have much luck.

So wrapping them in duct tape is not my optimal solution.I am willing to get a hepa mask and suit up and attempt to do the work myself but I am a littel hesitant as I have not dealt with this before and not even sure if I am legally allowed to.It is an unfinished basement that is empty except for the boiler and washer/dryer so maybe if I put plastic and seal off the entrance to upstairs wet the asbestos and remove/double bag it it is doable.

After numerous attempts, I was finally successful (calling from a number unknown to them) but they basically told me that I had lost all my money, and lost the opportunity to foreclose on the 10 properties (a loss of the substantial profits they projected), even though I paid them $17,500 for this and they, as my agent, were supposed to be managing it with a fiduciary responsibility to me.

Thanks :) Why attempt to serve her at a PO Box instead of where she lives?