I bet the weather there is much nicer than illinois?

Was this pure speculation... you bet.

.) -- including a lien on the stock of a cooperative housing corporation (a “co-op”) -- no lender can enforce its due-on-sale clause due to any of the following prevalent circumstances:(1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property;(2) The creation of a purchase money security interest for household appliances;(3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) The granting of a leasehold interest of three years or less* not containing an option to purchase(5) A transfer to a relative resulting from the death of a borrower;(6) A transfer where the spouse or children of the borrower would become owners of the property;(7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property(8) A transfer of the borrower’s property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or(9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.

It was fully operational when I took it over and I have been developing it since then.

Most property manager's suck because they don't run the operation like an owner would.

It doesn't make sense sometimes how banks operate but they dont care.

This is a must if you dont' want to lose a lot of rent (and driving time) on turnovers.I don't rent to smokersIt is a RESIDENCE, no operating a business from the house.

If I had to bet on a direction I would bet on the Yen rising in the future not falling. 8)

It does a good job of explaining the main concepts and how different states operate using 1 of 4 major methods.

I would suffice to say, if you call yourself a bird dog or referral specialist or jobber or wholesaler, and that is what you actually do by the aforementioned descriptions, you are still operating within the spirit of the law and what it was intended to be and should not have legal problems.