I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage.

My only hurdle is the fact that I don't know the Real Estate Investing industry that well, so I don't know where or how to find the right documents for my wholesaling transactions.I've began generating pre-foreclosure leads, which I am able to filter out just ones with high equity, owner occupied, and no auction date, yet.

I know from the a deed recorded last month that FreddieMac got house from foreclosed former owner for 180k.

Also, logically speaking, for whoever the owner/developer of the project is, they have much more risk involved and should deservedly be the ones with the profit to gain. 

Many places only allow utilities in the owners name.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

Are you paying any utilities as the owner, aside from water and user fee?

Or at the very least, not nearly as much as an owner occupied Non-performing note you're attempting to collect on.But yes, when I say "you can lose more than your investment principle," I'm talking about the liability and overall risk exposure.

It's kind of funny, some owners are thinking that simply because they have a house, that a investor is just going to pay near fully price, and its like, why not list?

Tons of unfinished work and headache for new owner.