He is still waiting to close on his 2nd and to have the lien filed.

It can take several days before the bank will receive it but I called to also see if the file was assigned to a negotiator yet.

Rent is due on the 1st late on  the 3rd by the 5th we filing eviction...Again this sounds harsh, but I am in the business of providing solid homes for my tenants, and this cost to be able to do this.

You  should seriously consider the protection and cost savings of the Series LLC because it is cheaper than filing single LLC's and paying your CPA to prepare all of the returns (Series LLC has only one return, maximum).

: Standard Rules of Thumb: 2% rule - you are at 1.15% (not bad or good, depends on other expenses) , 50% rule take 1150 - Principal Interest Payment only, to estimate whats left over Assuming you will be managing yourself once you move out.

Under clause 26 Assignment, this state allows you to assign the property ONLY if you get the permission of the seller and then you have to file another form along with the contract that insures the seller gave you the permission to do so. 

One principal purpose of the accredited investor concept is to identify persons who can bear the economic risk of investing in these unregistered securities.Unlike offerings registered with the SEC in which certain information is required to be disclosed, companies and private funds, such as a hedge fund or venture capital fund, engaging in these exempt offerings do not have to make prescribed disclosures to accredited investors.

Done 100's of deals over the years and am very skilled in the filed.

I will use the acronym “covered entity” in this article, inasmuch as my principal focus herein relates to seller financiers engaged in captive finance and retailers and communities now covered by this rule extension.FinCEN can issue regulations requiring financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings, or in the conduct of intelligence or counterintelligence activities, including analysis, to protect against international terrorism.

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul