I've got the funding lined up and a prioritized list of properties that I am going after.

The Housing Authority will then inspect the property to make sure it passes some BASIC habilitablity and safety standards, and that’s it. 

I would seemingly have the same issue regarding self directing a 401 that is "exempt" from 10% early withdrawal penalty due to retirement as a "public safety worker" in or after the year that I turn 50?

At $100k I am $25k into my "safety net"...and I am very risk averse.Anyway after seeing the property sit a year I decided to reach back out to the owner (its a FSBO) and have another conversation.

I do feel like your tenant should prioritize your properties rent above everything though.

There were surveys out for the last two, three years about the expectations and what people want to see as far as schools, shops, safety, street lights etc.

Not only did it cause mold, it very well could have caused a fire, and safety hazard.You mentioned that the parents are cosigners. 

Even though someone could theoretically purchase a note for $30K and just let whatever happens happen as they work it out, there's an inherent safety in spending the same $30K to just purchase education to help navigate those waters.

Her insurance company picked up the tab for a safety check on the oven.

If there is a dispute over priority, the court is required to prioritize the interest of the competing junior lienholders, as well as the amounts due each.