The loan shows it is SUPPOSED to be issued only if its in 1st lien position, but if a mistake was made in 2005 it would not be in 1st lien position.

The risk that the borrower can default, the risk that you will have to foreclose, the risk that you will have to take over payments on the 1st TD if you are in 2nd position, the risk that you have to invest $$ into the property to sell it... 

That website is traced back to Auction King.com a BBB confirmed fraudulent company and is traded as Government Auction Luxury.

Tools that I see to analyze deals: Zillow, rent websites, craigslist what other tools do you recommend?  

You can hire someone on Fiverr website and they'll add furniture and personal items to a blank photo for a very reasonable price.

Strategic negotiations secured the property at $170,000, positioning us for a quick and lucrative resale in a thriving market.

When lenders calculate your DTI and your owned properties are breaking around even or a little cash positive from rents, do they basically look at those as no debt or even positive income to keep giving you more loans?

One positive I can see is it could help some tenants boost their credit scores, while also incentivizing them a little extra to pay on time. 

For bookings, I recommend FF, Airbnb/VRBO (30+ day stays), Zillow, Facebook (can depend on the area), and websites like ALE solutions for insurance placements

The properties were not PURCHASED below market value; work, renovations, and positioning over time (the next six months) increased the property value.