There's a top-rated elementary school within walking distance, with the junior high and high school also rated as excellent as well.  

Buyer agrees to use best efforts to pay off existing loans that are in sellers name within five years of close of escrow.)Protection for the sellerBuyer will execute a quitclaim deed back to the seller, which is held in escrow unrecordedHow to protect the buyer in the chain of title and potential future creditors of the seller.For the buyers protection a lien of some percentage (I like to see at least 20%) of the purchase price in favor of the buyer executed by the seller will be recorded a "Sellers Performance Deed of Trust" The buyer will appear to be a juniors lender for public record purposes.The seller is protectedFor the sellers protection a reconveyance of said deed shall be executed by the buyer, which would be recorded in the event of a default upon request of the seller, which remains uncured for sixty (60) days upon written notice of default, has been mailed to the buyerThis would allow the management company to unilaterally remove buyers cloud on the title by using the pre-signed reconveyance if the default was not cured as outlined.

At my current profession (not real estate) I have been mentored by more experienced coworkers, and I, have mentored my juniors’ (it's kind of surreal to call myself a mentor).

And the schools that your target tenant base would look at aren't the best.Lynd is until the kids hit junior high and these aren't markets where your renters are going to go private.

., and from what I can see far more complex than our (what I would consider) very straight forward fcl. sale laws and tax sale laws.Example buy a tax sale in CA OR WA and it wipes out each and every encumbrance bar none except IRS liens.. which fall off in 6 months.buy a Foreclosure and you wipe out anything that is junior except ad valorum tax's and Irs liens...from what I am learning here on BP its not like that in the mid west and east.so to that end invest a Grand and get a GOOD local attorney to give you an opinion paper on the subject..

However, just because the previous owner signs over a right of redemption does not mean other parties do not have the ability to redeem (ie. junior lien holders, etc.).

Hey BP community,Name's Junior Salters, and I am a local investor out of Spartanburg, South Carolina and work mainly in upstate SC including Greenville.

And, of course, they'd have to move rather quickly when the home sells.They have a son who is a Junior in high school and they would like to stay in the home another 12 months until he is graduated.

Some clients just want the big name, never thinking that the big companies often must send their junior-most people just to try to come closer to competing with the small and medium-sized companies.

@David Krulac nailed it, the junior liens have to bid to protect their interest.