@Ed B.They would receive the proceeds from the sale once the first mortgage is paid off, so it’s not like they would get nothing but it typically would not sell for full valueWhere the original poster could also be subject to a lawsuit is if they let it foreclose they may not have recorded this agreement which appears someone else has an equitable interestIt could get really dicey

Hey there BP friends- I am looking for any recommendations the community can offer for a great MTR property management company.

Or is there another community/town/state that offers affordable housing and stable rental opportunity?

I am looking at build to rent financing, but all of the banks that I've spoken with do not offer construction loans for investment properties.

But then you can offer less.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

If you manage properties, what do you typically see? 

I just git done talking to an agent and she asked me to send my offer via email for her to relay to the seller.

If not, this is going to add stress to your marriage and your relationship to your children, and typically significantly more than most people expect.Your house is inevitably going to be damaged and changed during the time that it's a rental.

My current tax preparer does not seem to offer much of a strategy with regards to real estate and long term planning.