This is typically a 30 or 60 day notice.You will need to communicate and coordinate with them for all documentation, leases, SECURITY DEPOSITS, etc. 

We quickly got in touch with the listing broker and secured the deal before too many parties became involved.

Lastly, if it is truly a passive investor, please reach out to a SEC attorney which will break down the securities you are offering.

The disclosure from the seller says there are no security deposits but one tenant claims she paid one and has proof of it.

In a case like this, if there is a mortgage, bet your firstborn the lender will bid to get the tax lien (potentially up to the market value or the mortgage amount) to secure first lien position.

I make a little over 3000 a month as a lead generator for a real estate group, (I'm pretty darn good at my job too.) I live with my parents in the Houston area and I want to start (as Robert Kiyosaki would say) mindin...

People on this site seem to be pretty optimistic about cold calling and mailers as well so if you have capacity to do something with a site if you can secure it that might be another way to go about things. 

However, the primary intent was to house hack, live nicely ITL and secure something close to the areas I enjoy, especially in this low interest rate environment and stock market highs (memorial park, Washington ave, heights, Walking distance to upcoming MKT development).

One tip: don't try to chase the impossible and the best numbers, try to start with a simple secure deal that maybe is not giving you the best ever ROI, but that is giving you the learning experience to do better and more in the future. 

From my experience, and understanding, a mortgage has to be tied to a social security number...and LLC cannot purchase properties.