She laughs every time I have to go out at night to fix something or go to eviction court...

If you file to evict and then tenant does not answer to the court you can get the writ to evict but not a judgement.In that case you have to take them to small claims court and win to get a judgement.Now if you already have the judgement against them you have a few options.You can file the paperwork yourself for bank levy or wage garnishment.Or You can use an attorney that charges hundreds per hour.

Basically, the owner will sign the deed over to the land trust, and you will be the beneficiary of the trust.

Scott's advice and don't even think twice about it.It's all about risk transfer.Don't get in a hurry,if it takes 2 weeks so what.This is a trip to court that you can avoid.Trust the seller as far as you can throw the property.

Get all the basics down first then get into the property management portion.

Basic functionality is free, and a few bucks for auto-start and stop once plugged in the car charger, multiple vehicles, multiple trip types (biz, moving...), and reports that are supposedly IRS-proof.I haven't had a chance to test it yet, though.

All liens, claims, etc are paid off and/or protected against, so basically you're getting a house with a perfectly clean title and no liability issues (there is always some risk, but no more with an REO than any other property you might purchase).- Generally, REOs are going to need more renovation than a house you purchase from a retail seller.

Basically, the investor buying a property from us needs to make a guaranteed 8% ROI for example, we pay them quarterly and if we can rent the home out where say we make 11% ROI then not only have we made the sale to the investor but also an additional 3% on top of managing the home.

Financing deals through several investors is basically a banking operation and if you have an investor who squeaks really loud you can have the state banking authority knocking on your door.What I'm saying is that there is no 100% safe way that avoids all banking and security issues regardless of what an attorney might tell you, after all, the attorney has an on going opportunity representing you as issues arise.The way to put such a lender group together is to obtain contractual loan agreements with your investors, as a loan committment, to make future loans available within a short period of time.Usually obtaing short term financing for long term obligations is a good formula for failure.

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