Borrowing at 100% leverage has its own risks, but if you're considering one of these packages, I'm going to assume you understand the ins and outs of being fully leveraged, so I'll forego any advice there.Also, to address some comments around the bank selling them, there are regulations in place that do not allow banks to hold a property for profit.  

In Alabama, you might be considered to be collecting a debt and thus in violation of collection laws.Just make sure you understand the local laws and regulations.

cite=64.34.352 State law overrides your association governing docs.

Check with your local buildings or government office to find out where it is.

@Justin Johnson - The property tax credit is given to you because the county or other local government does not accept mid-year property tax payments.  

@Jeff HowardYou should execute an operating agreement to govern your LLC.  

That is a corporate governance issue.

@Blake King I keep most of my short to medium term savings in a GMNA Bond Fund.This bond fund specializes in government mortgage-backed securities.

She got a letter from the state regulators.

There is no requirement that a specific form be used - - it can even be in handwriting.As a tenant, I would include:I will be moving on mm/ddI suggest you schedule a walk thru asapI will surrender possession on the date notedand I expect my deposit to be returned in accordance with the regulations of the State of ______.Sign, date, mail certified if there's an adverse situation like this.