Whoever hit my neighbor's house (nowhere near a bad section of town, by the way) must have cased it and knew exactly what they were doing.

After all how do you know if you if you should by a 4 unit rental property with your investment dollars or buy another unit across town...or better yet, put your money in another "type" of investment altogether.

Remember that in addition to the "normal" expenses encountered with ownership in these properties you will have more breakage on furniture, dishes, sheets, towels (you will be providing all of that) and it's not like a rental across town that you can pop in to fix a garbage disposal, replace a bad fridge etc.

You also have some control of whether they cash you out by who you put into your home.

So I stop into the Dollar General store in my town and buy four $25 prepaid Visa cards.A nice older woman walked to one of checkouts at the same time as me and insisted that I go ahead of her in line because she had several things to buy and she saw that I only had the Visa cards.

However, you must get control of the situation and tenants by filing.

I like to control the deal and make the decisions and not have to worry about other personalities rolling over into my deal.Just my 2 cents!

Have you tried any local banks in your town?

So, to answer the OP, there is no way I know of to verify the claims of these attorney shams that attempt to stop foreclosures, if that's what you were getting at, other than going back and looking up the court cases.The National Association of Forenic Accountants is here in my town.

Anyway I have been able to get the P&I under control through extra payments and refi, so I think it will work out when I decide to move out.