If your trust is a revocable trust that doesn't have a TIN and doesn't file taxes and if your LLC is set up to be taxed as a sole proprietor and again doesn't file it's own tax return. 

Depending on loan terms you may still have a claim against the borrower, but you will no longer have a security interest in the property. 

They didn't say if they were going to reclassify them or not, but if they do it will sting for sure.I have a friend who is an alternative energy provider and he swears that Duke should be classifying them all as residential and that I should "have my attorney file a grievance with the attorney general b/c Duke is miscategorizing my properties."

What should happen first, secure financing or put an offer on the house? 

You just haven't gone to Kinko's to make it pretty and you might not have done graphs, which I do because I like to see stuff visually.You will also need to buy it with an assement, and if the bank asks it (which it almost always will) make repairs and etcetera to secure their investment.They also might make you get some types of insurance, hold stuff in escrow.

I'm pretty sure I can't put itching powder or anything like that haha.How much does it cost to hire a security company to do one daily and one nightly patrol of the alley?

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Assuming of course that anything needs to be done at all, which I'm far from convinced of - people can get fired from their jobs at any point, but social security disability isn't going anywhere, so it's not like landlords have any reason to be skeptical of rock solid non-employment sources of income such as Uncle Sam.

You will Have to get to the US based offices of Ocwen, not the overseas people you will initially be dealing with, and it may require some payment to them to make this happen...they are not legally bound to give you this release, regardless of how much you paid the owner, since they have a valid mtg.You May have to threaten/file an action against the seller to motivate them to cooperate, if they gave you a full Warranty Deed.If the mtg now with Ocwen was placed After you bought the property, and recorded the deed, it is Not valid. 

It is just a he-said/she-said situation.My tenant has asked that I file a formal harassment complaint against the owners below because he cannot live in his own house anymore for fear of getting a noise complaint etc.