It's mostly retired people or people who have no money.

According to NYC, STR is hurting housing affordability just like normal people can buy a house or condo near the Time Square and Madison Garden. 

If you think something is wrong with the way it s done, teach people how to do it right.

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

Ridiculous and stupid people.

Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

You can use other people's money if the numbers work.

People move, people get busy, people have remorse, people get new SPOUSES, and very very rare is the X that is 100% cooperative and willing to sign anything that gets put in front of them. 

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. 

In regards to your offer, I am always willing to learn more from people who've been there and done that.