In my area, it is often the case that only the servicing rights that are being sold, and the original underlying investor still holds the note.

Does anyone have recommendations for attorney or eviction service to use?

The owner is servicing the mortgage.

Hi Paul, It would be a whole lot easier, if you can get access to your local Multiple Listing Service, to query on who the cash buyers are.

LLCWe're here because we care I haven't needed to use his services yet but he came highly recommended by two different people.

Each member would contribute $15K($45K total) to the LLC to cover the 20-25% down payment that would be needed for the complete project plus some additional cushion for future debt service.

Most agent won't take this on because of the liability and grey area with regard to the service to clients.

Additionally, I used a note-servicer rather than a property manager since there was "supposed" to be an incentive for the buyer to keep up the property, which they did for the most part.For anyone in this or any business, I suggest a long term strategy of making it a true business, rather than just a hobby.

There will be some complexity to pooling independent investors.

Please let me know if I can ever be of service to you and if you are local to the Las Vegas area I would love to meet up with you.