An affiliate is an entity that controls another company, is controlled by the company, or is under common control with the company.

It's not like you can return the house or do a proper inspection to avoid these pitfalls.

I know this is a pretty common in Real Estate investing, but it is the first try for me.

So net-net, lots of promise but also these topology concerns I haven't dealt with before.Can anyone point me to guidance like cost increases to bulid, pitfalls to watch out for, and due diligence steps to take, to asset the impact of the grounds on building the house?

He finds a way and leads the bank to believe, in what they perceive as good faith dealings, to have the bank sell to his trust as if his assets are set in trust for estate planning purposes, such being common.

@Sam LeonThis is very common with students.

And then you have area # 6 which is mainly East Nash with 37206, 37216 and certain parts of 37207.As far as buying actual apartment buildings, depending on how big & how many units you are referring to, you'd be hard pressed to find a good, full complex for sale, rather maybe look into multiple units for sale in an already existing complex.After being in the Hotel business for awhile, I know that there are a lot more day-to-day maintenance and liability issues, management costs and other misc factors in running a big complex that could add alot more expense to your overall budget, slowly eating away at your bottom line… You may have to think about and budget for the following: pool, dumpsters, common grounds, insurance, exterior lighting, signage, landscaping, security, employees, etc...

Now that you've "been there, done that" with tax deeds, you know the process, and pit falls.

If there are any common areas that are lit, then you would have to figure in a small electric bill (maybe another $25 per month or $300 per year).

Seems like there should be some borrower protection to prevent it or why wouldn't the banks make it more common practice??