Any suggestions of where to learn how to accomplish this task?

(Sorry I went so long around the bush, but we are here now)The difference between investing and speculation has more to do with the degree of control or management over the proposed transaction, than gambling by chance.Assume I am entering into a purchase to sell a property that is very unique, like a burm home with only wood heat and no air conditioning and it is located in northern Missouri in a rural area on 10 acres.Now, let's assume that the newest memeber of BP is also interested in this same property.

Without going through everything in detail, doesn't seem too unreasonable to me...though I'd certainly want someone with insurance to be doing many of those tasks...

I tell all tenants when they sign the lease that if I suspect drug activity, I WILL call the police and the drug task force, and do everything in my power to have them arrested.

Just like good oysters, each one is a unique delight.

Once you have this project, locate the tasks that you have to accomplish to complete the project.

Not an easy task considering it is an HELOC.A.You do have one slight advantage: Both loans are with the same lender though the loan are likely with different investors.B.

The kind of networking I do, is very unique- I run a networking club that meets in small groups to "mastermind", share information, and this is important: we meet in a format where we can ENJOY THE EXPERIENCE.

Bill, Thanks a lot, for your two back to back posts.You covered it all, and that’s exactly what I was looking for and it sounds very much like how I was interoperating the SAFE Act, though I am no attorney, I do have some 23 years of Mortgage Banking experience and until recently (end February) held a California DRE Broker’s License.Using closing attorneys may be an option for us (in mortgage states not trust deeds states) but like you mentioned in most cases their staff are the acting closing agents which may be problematic.For now we have decided to bite the bullet and go the section 8 route for our properties but then that has its unique complications.

No matter who we put in charge at the top of the food chain that person has a very difficult task ahead...