So they would first payoff the first mortgage, if there is a second then $ goes to the second and if anything above that goes to any other lienholders or the homeowner.There are a lot of people who invest in 2nd mortgages because they are cheaper than a first, but in Ohio (not sure all counties) you have to pay off the first at foreclosure so if you do not have the money to pay off the first you are out of luck. 

I don't think its as easy as people make it out to be. 

Some people are okay with less others wouldn't touch it for that much.

Anything past that might feel weird.Good job going to your first one, that is a great step that too many people miss out on.

Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

.: Most people suck at painting. 

I really feel this is helping people find affordable rentals.  

At the sale, some people, who it must be presumed did not look at the property and there were several bidders. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

Sell a ton of properties to 1031 people in Memphis.