You do not need to use a lawyer local to you as the laws are mostly at the Federal level.

The tax would be about $23,000 which would include federal and Michigan.I’m brutal at math.  

We financed the property 20% down with Alaska Federal Credit union How did you add value to the deal?

You're putting borrowers in a home that they can't afford if the federal is holding down the long end of the yield curve. 

This doesn't sound like a federal law.

:Nationally, no foreclosure, for payment default, can commence prior to the 120th day of delinquency.Ron,Are you saying there is a Federal requirement to hold off on filing an action until 120 days have past? 

Cumberland Bank & Trust (First Federal, now) has matched the best rates, but with a 5/20, and has closed mine in as little as 15 days (already having my financials). 

We have had as few as 60 to 80 people at a meeting (usually January Networking meetings) and as many as 200 to 300 people on occasion (usually a meeting in January or February when everyone has resolutions and when we have a very popular national speaker - in the 200s or Brian and Michelle Winberry local speakers who hold the record for over 300 people in the room.The typical meeting we see usually about 130 to 150 people in attendance.Our membership sees a lot of new investors come and go with our 650 paid members and about 8000 over all members who take part in our social media and attend  meeting from time to time. 

Trying to figure out whether Air BnB or traditional 6-month/12-month leases will produce better monthly cashflow.Very excited about this property as it's located near several Federal economic engines as well as being a 19-minute drive to both Amazon HQ2 in the Crystal City neighborhood of Arlington, VA and the accompanying Amazon Warehouse in Westphalia, MD.

-Maryland-Virginia (DMV) is such a safe bet and insulated against market forces by the dual presence of the Federal government and private industry perennially courting them.