Yeah that's a pass for me and I also tell my clients the reasons I do not like those.When plopping down serious money on larger properties you NEED CONTROL.

Once you've satisfied their initial pre-screening criteria, then I would have1.

The pro-tenant thing is huge.One of my first requests from clients buying large apartment building is make sure it is a pro-landlord and business friendly state.

@Michelle LoftisI don't know of anyone in Houston, but do have couple companies that I constantly refer my clients to for questions like that.

Eventually the court may find against the LLC owning the house, and to satisfy the judgement, the house is seized and sold.

Secure yourself an ample due diligence period and then use it to interact with the tenants to see how satisfied they are with the building.

If you do not pay, attorneys go to court on behalf of association and file a FED (a forcible entry and detainer action) to basically evict you, the owner, and take possession of your unit and then (wait for it...) rent your unit out to a bonafide tenant until the delinquent account has been satisfied.

I don't know specifics other than personally knowing a whole list of satisfied customers through the years; none of which were RE investors; mostly primary res, consumer loans, banking, etc.

You can't transfer clear title without that mortgage being satisfied.

In all deals he is my client.