Always consult with your attorney before you rely on the above information.

You should consult with a securities attorney to find out what you need to know.We did a webinar with Alan Cowgil that covers this - it's posted on the MAREI Facebook page under videos.

What is expected by lenders in terms of monitoring existing or future PGs which would have a claim on the same (personal) assets?

Banks have to monitor their loan portfolios to insure they are and will continue to perform as expected.

The required items are identified by a HUD approved FHA 203k Consultant or an FHA approved appraiser.

I don't make offers without consulting some of them.

But the hassle of finding the contractors and monitor the work seems pretty infeasible for out of state investors.Have anyone done that before?

Consult with an attorney for contract questions & protection.

I'm not a legal professional, so take this for what it's worth...I would recommend that you find a good real estate litigation attorney, use the upfront consultation to determine whether the other party has a case or not, and then go from there. 

-- open to a consultation call.ABOUT MEHigh debt to income ratio because of grad school Have a great full-time job i love - scientistOwn 2 properties - the one i live in, and another i STR.