I have no problem managing or dealing with people, so it works in my favor.

The last I heard they filled a accelerated foreclosure motion back in May.

The HML has a choice, take the property from you at a reduced market value or work out something more favorable with you.

There are real estate investors in every market, but some areas favor different investment strategies, which is why you need to understand yourself, your strengths, and your goals before you even begin thinking about choosing where to invest.

The answers to those questions may affect whether it's more favorable to keep it (so you can RAISE rents regularly, and reap the benefit of future capital gains), or owner-finance it to another Buyer (thus, why not demand a sufficiently high down payment so that you can invest in ANOTHER?

You could only have so many mortgages under your name before the Debt to income ratio on paper doesn’t work in your favor.

After several calls to the owner we worked out a deal to purchase the property for the same price as they had offered with slightly more favorable terms for their family member living there.  

Do me a favor if you contact him let him know Joey Taylor sent you his info

I am currently evaluating a property which I'd like to force appreciation on but even if that deal turns out favorably, obtaining it won't eat up the money I have on the sideline right now because it's outside of the Socal market.

So it can be adjusted against you, but not in your favor?