So, if they wanted to make things less scary for the seller, they might agree to record a quit claim deed at closing returning the property to the seller, and then draft the note such that, upon any default, said deed would be executed.If the investor does default, things would have really gone sideways for them: They would have just forfeited sweet, low-cost, non-qualifying, non-recourse financing.

Only three hours after closing you are approached with a sweet deal so you decide to sell the rental.

In the quest of doing your research, you may identify some investors who are getting some sweet deals that never hit the market.  

I'd be willing to try it though, especially if its sour rather than sweet.  

You got rid of those sweet oak cabinets?!?

Sweet...

@Marc Woodward...burn it down...just sayin'alternatively, get it repaired enough to rent to a tenant that covers your mortgage payment....sit on it an do repairs as you can...should be a sweet equity position in 10-years!

That is short and sweet.  

With the location and condition of the property it's a really sweet deal at my price - but with the current rent the net cap rate drops below 9%, where I typically shoot for 12-15% in this sort of area.  

My advice would be to keep them short and sweet and don't give them too much information.