The space you need to live and pay for (whether you pay your business rent or not in a formal capacity) is your liability.

There is a formal process that is completed to determine valuation based on both methods.

Those things transcend strategies, borders, cultures & politics.Every journey begins with the first stepWelcome to a great community

Nope... he has partners/investors.Based on your post, the best way you can make a "business" out of this avenue that you've chosen is to establish this as a business.You will want to formally set up a business with an EIN (LLC, S-CORP, talk to a CPA about what is best for you and your partner).Then set up business bank accounts for that business.Then set up a PO BOX where all of your mail will go for that business.Now a hard money lender or a DSCR lender is going to take you more seriously when you try to borrow money for value add deals.

Since that's in there, is it Their responsibility to know that they have to give a formal 30 day?

My goal is to move the current rentals and all future acquisitions out of my personal name and into formal LLCs for asset protection and anonymity. 

Filing the UD is what formalizes the beginning of an actual eviction. 

the hard money loan will likely be at super high interest and penalties for non payment, otherwise what’s the point, and then borders on predatory in my opinion while they sit there waiting for borrower to default. 

I would ask when it will be discussed formally.  

Just for reference, Clover sits right over the SC border, about 30 min to Charlotte and is highly desirable given the schools alone.