If the borrower fails to follow the plan, the BK plan is dismissed and the creditors can file and continue with legal collection means.

I am going to talk to my lawyer as well but I figured I would get some free legal advice from the experienced rehabbers first.

I am using a SDIRA and all the legal advice I got sounds like you are on safe standing, assuming the 401K falls under the same rules.

I'm pretty new to landlording and have never held a position as property manager.Joint ventures can be beneficial to both parties if the numbers look right and your cross your legal t's and dot your legal i's.

Ali states that "You need to know if foreign nationals are legally allowed to own 100% deeded freehold property in that country."

In many cases, the transaction goes more smoothly.More importantly, I would make sure that I am fully represented by my agent as a client (signing the buyer representation agreement), which ensures that he/she has a legal duty to keep your discussions confidential.Congrats on the offer!

There are better legal ways to reduce liability, but each carries its own dangers.Example you own the LLC by yourself that holds your rental, but your spouse and you own your personal residence as tenants by the entireties, and your wife has the CDs and stock accounts in her name only.

I reached out to an attorney here in North Carolina. I was told that it is not allowed in this state. Is anyone doing this in NC?

Find your state eviction rules and post a "pay or quit" notice the instant it is legally allowed.

As long as they had a means of heating their home to acceptable temperatures And you fixed the problem within as reasonable time period according to state law then I do not see that you would be required to pay anything towards it legally.