Also since its a hard money loan the CFPB, DFPI and SML really have no jurisdiction as this is not a consumer loan.Regarding the lien release, typically that takes up to 30 days and will not be an issue if you are using a title company to close this on the 10th as they will confirm payoff is zero and will still close the deal. 

@Lee Banks,If you're new to wholesaling and open to other paths in real estate, turnkey investing is a great strategy to explore — especially if your long-term goal is freedom, cash flow, and wealth building without being on the hustle 24/7.Turnkey properties are fully renovated, rented, and managed by a local team — usually provided by a company that specializes in helping investors buy real estate hands-off.

The bank can call the loan due (due on sale cause).2.

Thank you for any advice.Investing in tax liens SUCCESSFULLY - and I define successfully as obtaining a long term RISK ADJUSTED ROI above the ROI for passive real estate investment - requires knowledge specific to the jurisdiction that the investor is investing in.  

In a pre-foreclosure scenario, the bank does not own the property and therefore cannot use the courts to obtain possession. 

Unlike many areas (like Spain or Palm Springs ) the Oregon Coast has done a relatively reasonable and practical job of regulating STR/VRD (short term rental / vacation rental dwelling) properties in most cities and jurisdictions.

I am curious about how people who are already investing (and have been for a while) structure their bank accounts. 

At what point are the banks going to say "no you have too much debt in houses" Is this a valid concern? 

I personally believe that having to disclose and tread carefully makes wholesaling more difficult for a licensee than for a non licensee; yet many jurisdictions are now requiring a “wholesaler” to be licensed.  

  - make sure you understand local jurisdiction extensions to the ADU rules.