If it bothers you constantly to think she is getting away with something then go ahead and sue her.

That fee remains constant, that lender's servicing fee doesn't rise or fall with interest rates.To retain servicing that servicer enters into servicing agreements, they are required to follow the terms and conditions of the mortgage or deed of trust, including the alienation clause.

When you buy a Performing note, you're simply investing for supposedly long term income stream, at a certain yield, determined by your purchase price.

Make sure when you send late notices etc they are through certified mailTip#11: Constantly Assess your rental rates use sites like rentometer, realtor rentals etc.

But the situation could get uncomfortable - bathrooms in constant state of remodel, kitchen countertops not installed for weeks, etc.The pros that I see for an investor is that they have someone living in their flip, dramatically reducing the risk of theft, vandalism, or some overnight catastrophe (e.g. leak damaging flooring, etc.).

I have a few dozen properties and am constantly horse trading.

My longterm goal is to create multiple streams of income (and be location independent) and hope RE can be one of those streams.

Someone who constantly slow pays vendors or lenders is not someone I would loan money to.

With owner financing you can make up whatever terms you want.Over 1/3 of residential houses are free and clear.I get a list from a broker, and ask them to turn their house into an annuity stream instead of cash.Own a note with security instead of tenants and toilets.

FEMA is constantly updating their maps and you will get different answers from different sources all at the same time.Check with your insurance provider to see if flood insurance is required at the property you want to buy?