I have also received multiple complaints about loud music from his apartment, which I have sent notice to him.After multiple notices for smoking and noise, I decided something needs to be done therefore I sent him notice of lease violation with mentioning all 3 violations. 1.

Their podcast and book have been instrumental in shaping my knowledge base.

Now, the way we're partnering is by doing debt instrument for a fixed term at a fixed rate of return.

Answer - Novation per google is .....Novation is a legal instrument that replaces an existing contract with a new one, often involving a change of parties or obligations.

Rod‘s program has been absolutely instrumental our my success.

Whoever owns the note can theoretically profit when a lower interest note is paid off, and the money is lent out at a higher rate.However, the decision to call a note for violation of a covenant in the Mortgage instrument my also include acknowledgement of one or more possible downsides1.

There is a lot pain, frustration, and VALUABLE lessons learned from hiring a property manager (in my case, 3) which will eventually be instrumental in forming your thoughts and beliefs, not only about investing in and operating rentals, but real estate in general.From a financial standpoint, you will be in total control and have no one else to blame when things go south, but at least you were the one calling the shots and yes, we all learn from our mistakes. 

And then the music just stopped....... 

So I am torn between trying to dollar cost average into new MF syndications now that a lot of the pie-in-the-sky type syndicators have either been caught standing when the music stops or--as in the case of one of my other sponsors--having iterally been sued for malfeasance.

.: Quote from @Jay Hinrichs: never heard it called a wrapper before.Goggle all inclusive Deed of Trust  California document and read it.. this is the proto type wrap instrument created in the late 70s  and we used it well over 200 times.