We had someone fill out a tenant profile with zillow and they listed 4 occupants.   Met them at the property today and they showed up with 2 young teenage girls and a baby.   Apparently babies are not considered occup...

You make zero sensealso a bank does not have to disclose anything when they take it back except disclosing they have never stepped foot in the property and thus  are unaware of any potential issues 

What to Watch: • Make sure the seller note is well-documented and fully disclosed.

Know your duties to disclose, and be transparent. 

Be very careful with the business-purpose only lenders, as they have a very poor process when it comes to disclosing rates and fees.

I mean has anyone proven that something was not disclosed or done against SEC rules ? 

Most lenders will follow a standard loan procedure such as disclosing a loan estimate, ordering the appraisal, providing underwriting conditions and getting a final closing disclosure before the loan is ready for signing. 

Similar to what has been listed, here are the top three pain points I hear when an owner is switching property management companies: 1- Lack of Communication - owner and tenants wait days or weeks to hear back from their PM 2- Maintenance - PM completes repairs without approval and has crazy markups 3- Hidden fees- certain fees are not disclosed up front such as renewal, move outs, etc. 

Quote from @Alan David: Inner circlejerk for  thec few who  hsvent been nripped off.........yetYour not “ripped off” if the investment parameters and risks were properly disclosed and you chose not to read the disclosure materials.  

Plus, if he is not disclosing the risk in the “due on sale clause” I would say either he doesn’t know about it or he is intentionally leaving out a pretty important factor.