Hi everybody, I own the security agreement on a mobile home in a park and unfortunately it looks like I need to mail out an NOD to registered owner.

Make sure that the new tenant gives you a security deposit too.

However, it's still an office at the address of my business.Would it then be the "principal place of business".Actually, just reading through the publications again: TIRS pub 587: page 3, Principal Place of Business states:"Your home office will qualify as your principal place ofbusiness if you meet the following requirements.- You use it exclusively and regularly for administra-tive or management activities of your trade or busi-ness.- You have no other fixed location where you conductsubstantial administrative or management activitiesof your trade or business."

Your numbers look like you will cash flow around $500 for the 3 doors.Aurora, Illinois, I guess you could use the basement for a public access TV show..."

I'm trying to secure funding on top of a 1031 I'm working on currently.

Cross check sold listings with public records to determine who the buyer was.

If it were me I would make the tenant responsible for both security deposits.

I assume that's not the case...Regardless, if you do a double close, the seller won't know about your end-buyer and your end-buyer won't know how much you purchased the property for -- at least not until after the transaction is completed (the information will eventually be public record).

As, a wholesaler, you deals should never make it out to public clubs, because if it's there, it's not good enough.

Not a pretty picture when you are looking at retirement.Now, if you HELOC or get an equity loan, my advice is to pay that back as quickly as you can from your investments and then secure other investment properties with investment income.