Maybe they are lying about the property and duing the diligence reveals that.

I learned about title companies minimizing their risk by not providing a policy due to a variety of factors that make them feel uncomfortable.

Learn from a variety of sources.

I have a very good grasp of the real estate industry on a macro level and a fairly good grasp within a variety of sub topics within real estate.

Many foreclosures don't reveal everything or how much they know.

Several buyers were willing to pay $2.2M-$2.4M, however, because this was an assignment, the revealing acquisition cost caused them to renegotiate.

when investors say deal, it can mean a variety of things.Not all investors invest with the same mindset.Some would be happy with a cap rate of 4%, some would only do 8%-10%, some do not care about cap rate and want to focus on appreciation after holding x amount of years.Some are focused on buy & flip, some are looking for holding on to a lot until a miracle happens in the area.The question is, what deals are YOU looking for?

The FHA says that examples of such problems include but are not limited to the following: Missing handrailsCracked or damaged exit doors that are otherwise operableCracked window glassDefective paint surfaces in homes constructed post-1978 (because of lead paint hazards)Minor plumbing leaks (such as dripping faucets)Defective floor finishes or coverings (worn through the finish, badly soiled carpeting)Evidence of previous (non-active) wood-destroying insect/organism damage where there is no evidence of unrepaired structural damageRotten or worn-out counter topsDamaged plaster, sheetrock or other wall and ceiling materials in homes constructed post-1978Poor workmanshipTrip hazards (cracked or partially heaving sidewalks, poorly installed carpeting)Crawl spaces with debris and trashLack of an all-weather driveway surface=================There are many areas, however, where the FHA does require problems to be remedied in order for the sale to close.Electrical and Heating The electrical box should not have any frayed or exposed wires.All habitable rooms must have a functioning heat source (except in a few select cities with mild winters).Roofs and Attics The roofing must keep moisture out.The roofing must be expected to last for at least two more years.The appraiser must inspect the attic for evidence of possible roof problems.The roof cannot have more than three layers of roofing.If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing, the FHA requires a new roof.Water HeatersThe water heater must meet local building codes and must convey with the property.Hazards and NuisancesA number of conditions fall under this category.

I need to start looking in AZ since its in my own backyard. don't confuse garden variety rentals and those tenant landlord laws.. with MHP tenant laws they are not the same. 

Any input is appreciated ToanYou're getting a mixed bag of answers because the term "portfolio" is used in a variety of instances.A portfolio loan is one that is kept on its books by a bank, a correspondent lender or a private lender.