"The bank" is an asset manager who is an actual person who talks to the listing agent.

Call your local housing authority and talk to the head inspector for subsidized housing.

If the insurance is not escrowed with payments, just cancel the old, and get a new, as described above.As long as the asset/colllateral for the mortgage is insured, the lender is protected, they don't care what company you use, or who holds the title, especially if its in a trust.As long as the house is insured, payments are current, you'll have no issues.Sadly, many people THINK changing insurance causes issues with the lender and the title change.However, after YEARS of subject to investing myself, as well as thousands of discussions about this method, I have yet to have a single person back up that claim with proof.Besides, bottom line, at the moment, lenders have other issues more pressing than messing with a PERFORMING account/loan.When you get new insurance, make sure its fire and hazard, and includes liability, rental dwelling/non-owner occupied.

If Blank fails, like the developer that already tried in this location, they will have no assets for you to go after.

In other words, if you have 10 properties under the one "blanket loan", can you sell of one or two of the properties and still maintain the loan with the balance assets in them.

Correct me if I'm wrong but it would seem an LLC would suit my needs the best.That being said, I dont have any real assets to go after and CAs are relatively low risk.

There is still a rule of law and unless he wins re-election in 2012 his term and any authority will end at 12:01 PM on January 20, 2013 at the very latest.

If the seller's contract had a subject to clause then they weren't authorized to let you take over the loan without CW's authorization.The worst that can happen is CW will call the loan due, usually 30 days but negotiable; you will lose whatever money you have invested if you can't pay off the loan; and the sellers will get a foreclosure on their record if they can't pay off the loan.If there is enough equity in the property you may want to try paying it off or selling it.

The author has so many papers for each tenant to sign prior to moving in and his app is like 5 pages - just curious on what you guys use?

Paul, buy the book:Buying Real Estate Without Cash or Credit (Paperback)by Peter Conti (Author), David FinkelIt talks about ratios/percentages as well as gives scripts.By the way, where are you getting this large fsbo list?