If the loan is being paid the seller/previous owner has no reason to want off of the loan.

The reason is that one wants to be able to properly avail themselves to the laws and protection of the corresponding state where the property lies.

By the way - for the same reason the 1st position lien holder will be uneasy with 100% CLTV, as a buyer I would be uneasy with it as well.

Reason why is because FDIC Bankers "Do Not" charge points on traditional programs like primary homes, standard investment purchase and refinance, Second home/vacation homes.Lenders, Brokers all charge points to meet their Loan officer compensation plan (commission).

I’m not sure you can reasonably expect that you are going to recoup 70%-100% of the heat/AC costs.

This is literally the entire reason these companies exists - to get this stuff right.As for why, I have no idea why there has been an uptick.

The Midwest is probably your best bet for a number of reasons.

For the reason Henry mentioned, you need to screen anyone over 18 living in the house. 

I find condos/townhomes to be easier to manage out of state because the HOA handles a lot of the maintenance, just be aware of condo fees and find a place that is reasonable like $300-400/mo or less if you are lucky.

It’s the reason the lake front “retirement” home I bought on Lake Minnetonka in MN has had a tenant in it for the last 10 years.