I don't see how a closing attorney has any liability in closing these deals unless their underwriter specifically forbids them and wont write title insuranceWill be interesting to see how it all plays out I think I will call the closing attorney I know well and has closed my new builds in Charleston and get his take on it..

Too many new investors playing with fire and they end up getting burnt bad.. 

Basically - any legal filings that come into play during that redemption period could cost you the house - but you wouldn't lose your money as long as you didn't default on your obligations to the court / auction.In Florida there is no inspections of foreclosed properties.  

Agree that Detroit is a unique case that has a ton of other factors at play.

We are of the mindset that this is the best play because it takes some risk out of taking the plunge. 

This doesn't mean that you shouldn't be ambitious with your objectives, as long as you're realistic.I have years of experience with short-term rentals in Mexico but I'm not sure how useful that can be to you since I invest in beach markets where there is mass tourism and visitors rent for one or multiple weeks so it's fairly different.

That does come into play as well.Personally, given your current financials, I'd just leave it as is.

AI will create a sharp, profound change but nothing like the masses are overexaggerating.

I'm the youngest in the group (by 20+ years) and my inexperience in real estate transactions is combated by my ambition and ability to work with numbers (this is where my job as a credit analyst comes into play).

The way I look at it, a parallel might be a renter has a right to play music on a radio inside the unit, but if he turns it up super loud and it bothers others- that should be stopped also.Good Luck!