If the borrower stopped paying and you had to foreclose, what would foreclose away, what would be left for you to take on like taxes and utility liens, how long will that take and what would it costs - weigh those numbers with the cost of the note.Next, is the borrower.  

Like I said, there are many definitions for the same word.Until you get a bunch of properties and you need to worry about the tax implications of co-mingling funds, keep the properties in your personal name. 

Since there is more tax revenue from them being an employee those entities have tightened the tests they use.

I file my taxes every year under the tax exemption, do i need to prepare any documents ? 

Sure, initial probably taxes are high (not compared to Texas but generally, they're on the higher side) but they're pretty much stuck where they are.  

property tax issues code citations city mowing the grass and billing the owner.

Does PA have a statute that insists a transfer tax is enforced, even if it's via QCD?  

But as a RE investor, I still think having SF property is a bit sexy to have in a portfolio and the RE tax will never be this cheap.  

If I stand correct they predicting 1-2 years for the RE market to stand back on his feet and around 10 billion dollar in mortgages that people gonna have problem to pay now= tax delinquents = opportunities .

I have read numerous books and studied numbers of real estate, creative finance, tax, and so on, but never how the contracting business works until the past month or so.