No insurance contract pays if you violate laws, it becomes questionable if they insured it and you didn't do the work, but may state that the property must be in compliance with applicable codes.Yes, if you aren't up to fixing it, probably best to avoid problems. :)

Then, I have to sue the PM and $500 is not much to sue..Purnell- asking for my prior consent for any repair exceeding $100 and taking pictures are not their regular practice.

First off, you brought up an old post from the dead and laws have changed, so if you have a question as to a L/O, might look at more recent posts and post a new question.No idea why hitting enter for a new paragraph would post this, so having to continue as an edit!!!!!

Is this standard practice?

I am being VERY CAREFUL about advertising it since we all must be careful regarding fair lending laws (I won't even go into the Safe Act here).

There are so many awful reviews about Greentree's practices on the lending side (but thats another post).

If you're in for the long haul and are willing to engage the community to decrease disorder, then I would point you to best practices for community building.

Well I wish you would have posted here BEFORE closing them out.Length of credit history in good standing DOES affect your credit scores.If you have other credit that has a long history it shouldn't affect you that much.If however closing the 3 credit cards with 7 years of history you know only have a few credit lines with only 1 year or 2 of being open that is not great.In the end it shouldn't hurt you too much.When they made the new credit card rules last year or was it the year before credit card companies raised interest rates and annual fees from no fees.So what happened is the great credit people lost benefits because Obama wanted people with bad credit to not be taken advantage of.The credit companies simply restructured to make the same money.So A law passed that had good intentions but was misguided.The government believes when they pass a law people or companies will just take the loss but it never happens.So in the end these laws are just spinning wheels and not doing anything.I know many people who have closed their accounts once interest rates go up or annual fees are imposed.The downside is people want to maintain credit but some credit companies have been closing accounts if you don't use enough and they make a certain amount of interest off of you.It is getting rediculuos.

There are state laws that state who gets what if someone dies intestate.

Sounds like a lenders policy, as a hard money lender I believe it to be best practice to cover your lender for the full loan amount.