State law dictates the disposal of such property as well as federal law in applicable cases.You may find out what the disposition might be at the DA's office or the defense attorney if they will speak to you about it.Doesn't mean the property will be for sale.

To sum up, this is probably not an opportunity worth pursuing.I had lot's of "Katrina victims" submitting applications for my rental properties....very well-heeled victims...I'll end my participation in this thread by saying I'm not a fan of government welfare or socialism...

We went to our first one today and the broker began asking us about if we had done our mortgage applications, et cetera.

One last tip is investigate the hell out of your tenant applicants.

No reason, makes no business sense, may drive some applicant away even, but I am curious about this stuff.Should I do it?...

What documentations do you usually require during the application process?

(of course I will check everything out once I decide whether to even take the application) I know the mother in law...she will pay no problem.I've had church people, teachers, police officers and everyone in between trash my properties but have never rented to a patrolee..so frankly...I just don't know.Advice?

Books, articles, blogs, whatever materials you caught this bug from are no longer applicable, if someone says you, as an individual without having a broker's license can "wholesale" mortgage notes is just blowing smoke in your ear.

A builders risk policy removes these exclusions and can add coverage applicable to the rehab, like coverage for materials on site, etc.disclosure - I am familiar with all of the products as I was a State Farm agent many years ago, and rep for all of the companies mentioned above.

---So, insist on them providing the rental application and supporting docs for your review.