So, the owner of one of those dogs has the responsibility to take control.

Frank's friend Todd lives in a rent controlled building.

This provides us with another option at the time of disposition as we can sell the company, leaving the existing financing in-place {though some lenders have extended their due-on-sale clause to include changes in control of the owning entity, making this more difficult}

As I am purchasing it for a discount and then re-selling it "possibly'' on the MLS to have a wider buyer base, plus I want to be able to control the sell price.Again, if anyone has a good idea on how to structure this and if I am on the right track, it would be greatly appreciated!!!

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

All three credit bureaus require it, as a result of the FTC requiring them to implement tighter controls to cut back on identity theft.I would recommend doing the on-site inspection so you get the actual detailed credit information on the applicant.

4) The document template formatting in the editor appears differently when the document is actually generated (making for a very ugly document...or a major pain to modify and regenerated a million times to see the actual formatting results)5) Listings on their syndicated sites are on a 48 hour time lag from when you list/de-list from their application.

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

Take away rent controls & sell the buildings to private enterprise ..... problem solved :)

This way I don't risk the due on sale clause and the buyer is able to control the property.