Like if the tenant brings in an AC when the lease explicitly states no AC.

@Humberto Valle you can look at HUD rules on manufactured homes but apart from that you want to look at your specific state regulations.

I did not argue but it is misleading to state that I sent Holton Wise to fund management services.

The main structure I see on my deals is a nested structure: an LLC in the state of the property taking out the loan, and that LLC is owned (nested) within a Wyoming LLC.

I don't know what the transfer fees in PA are for Trust transfer of properties but in some states it is waived.

=> Depends on whether you're in a double-close state or not.

@Mario RichardsonCheck around - I saw reports State Farm is losing billions of dollars so their rates are probably going to skyrocket so check the competitors

In some states they are preferred if borrower goes into default, but many states are now catching up and passing laws that you have to foreclose on them which makes them worse than a mortgage because you have to foreclose but also it may take longer and you are also responsible for liens/violations on the property. 

Currently focused on equity plays locally, and cashflow plays out of the state. 

Is NC one of the states that has non refundable option money?