Because if you make good money and always have a source of funds for emergencies then you can use the money immediately if you have enough for a down payment on another property or put it in a high yield savings account or treasuries for a low risk return with good liquidity.

Sue the seller, any payment delinquencies should have been disclosed.

In some instances the select few who fall under this category will build for themselves and if they were to take up 3rd party work they would want upside.

Rocket Mortgage (my current lender) quoted me $100,000 for a 20-year loan at a 9% interest rate, resulting in a monthly payment of around $1,000.

(Tenants not paying on time, keeping track of payments ect..)There isn't just one problem.

They would have been responsible for issuing and recording the mortgage satisfaction after they received payment.

Refinance offers a lower rate, longer term and a lower payment.

Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level. 

Right now my debt is sitting at around 154k (8k outstanding interest payments). 

You'll want to talk to a local probate attorney to see how much time that could take.If the squatter is not making mortgage payments, you've got perhaps another month or two before the lender begins foreclosure proceedings.In your situation, I would approach the squatter to see inside the property to assess the condition.