Most low-income tenants don't want to go out of their way to bring legal trouble into their life.

My trouble is that I can't get them to complete the process online.

If you say your want a basketball court with the city, they may ask why, if it's limited to personal use you might get by, if it's a public thing (free) they may say bleachers, fencing, lighting, tons of liability insurance and maintenance agreements.....who knows, turning private property over for public use is generally welcomed under strict circumstances and if there is a need and neighbors don't object.....could be another special use situation.A tree farm will be about like the garden, just plant the trees, but saying "farm" brings a commercial aspect to it, especially if you plant 200 blue spruce on rows and most are gone before some future Christmas where it becomes obvious you're running a commercial venture again.Nearly the tree farm idea is growing specialized grass as a sod farm, less noticeable, scrap it up as you sell it and replant, so long as you don't drive up with a truck that says "sod for sale" it's an under the radar use.

I agree but when the housing decided to do another inspection I will be in trouble again.

 :)On the positive side you got a great look at how people will swoop in and try to keep you from getting into trouble if they think you going down the wrong path.

I've been reading a lot on housing wire, nasdaq, market watch, and mortgage orb, and it seems a big discussion occurring is whether or not nonbank servicers should have more regulations.Here is what I learnednonbank special servicers wield $1.4 trillion in mortgage servicing rights out of a nearly $10 trillion marketnonbanks use short-term financing to buy servicing rights for troubled mortgage loans that will likely not pay off until difficulties resolve in the long-termInfrastructures might not be able to handle the responsibility of servicing large volumes of mortgage loans17% of the 30 largest mortgage servicers were not banksnonbank special servicers more susceptible to economic downturns that could increase nonperforming loans that require servicer loss mitigationnonbank servicers don't require same capital levels as a large bank lenderreason for standards for banks was deposit insurance and the sense that IDIs could impose risks on taxpayers (not applicable to non-banks)A recent report from Fitch Ratings suggests rise of nonbank servicers threatens private-label residential mortgage-backed securitizations (nonbanks now service 74% of all private-label securities by loan count)higher risk to GSEs buying from nonbanks due to a counterparty that may default on financial obligations (representation and warranty obligations)Elizabeth Warren, instrumental in formation of the CFPB is pushing for study on nonbank servicers.I know there is a variety of different professionals on BP, and I'm trying to understand and, more importantly, weigh all the pros and cons and consequences that would occur if the FHFA were to impose stricter regulations on nonbank servicers.

Also, sometimes for underwater or troubled properties, the TICs will elect a small committee of fellow investors as a steering committee.Best- Leslie

Scenes From The Las Vegas Housing MeltdownPosted by John Carney, May 06, 2008, 7:49amDespite what your crazy uncle or Warren Buffett says about housing prices, the residential real estate market in many areas of the US is still in a lot of trouble.

I think they got in trouble being an Inc. with government filings, then changed themselves to be an LLC.Too coincidental that an odd named company is both at different times.

My thought was to approach the owner and try and buy the complex at current market cap based on current rent and trouble with the two rent controlled unites.What do you guys think?