That you pre-sign a DIL in the event that you default?

In the event of any insured loss, can you cover 6 months of payments without any income from the project while your insurance comapny determines the claim?

Any damages identified during the exit inspection (that were not present during the entrance inspection) will be addressed at the expense of the Tenant; they agree to this - and provide a forwarding address - when they sign the exit inspection form.We also have 7-days following the end of tenancy to notify the Rentalsman that a claim will be filed against the Tenant's security deposit ... in the event the Tenant has abandoned the apartment or we are fairly certain they will not honour their obligation to pay for the repairs.

In the event you are granted assumption, you do not have to fear triggering Due on Sale, as the lender granted you interest.

In that event, you need to retain and use a licensed loan originator.* You're holding a pretty illiquid note.

@Mike LaCava )There was also a gentleman at the last Black Diamond event I went to ( the first estimate your rehab in 20 minutes) from a REIA down there and I cannot remember the group's or his name.

However, as Bill Gulley has pointed out, the small factor of the positive cash flow makes it a challenge to find a vehicle to deposit the funds that would not trigger a taxable event.

You'd need a disbursement agreement with the seller not to withdraw funds unless there is a default, in such event it could cut you out of your signture authority.

Real estate is a superior investment against economic events if bought right and properly managed .

SO cal out in the High desert has a huge tax sale. there is a company in Redwood city that buys that stuff and sells to Chinese he is a Chinese guy as well cant remember the company name but I ran into them at a realty 411 event a few years ago.. they make the Aussie spruiekers looks like little kids.