Great observation and perspective to provide!

Hey @Traolly Xiong,The Fire Summit event looks legit although I have no first hand experience.The only thing I noticed is that the testimonials at thinkmultifamily.com about the event are all videos of people explaining why they came to the event and what they are hoping to get out of it.I didn't find any of people saying that they had their expectations met or exceeded.Just an observation.

Hopefully he can chime in here.From my observation, Property Mangers can be fantastically successful investors.

Unfortunately, what you just observed, is missed by many. 

Excellent observation. they move out on the 30th.

Florida law requires that real estate licensees disclose all known facts that materially affect the value of residential real property and are not readily observable (chapter 475, section 278 of the Florida statutes).

I look forward to continue studying the Atlanta market and observing how micro markets within Atlanta grow over time.

You’ll be sort of an observer  here....any action to overturn the sale will be against the lender.Sounds like BS to me...if they had really paid the loan off, there wouldn’t be any foreclosure and the other two items are likely irrelevant.You’re not going to want to spend any money on the property though until this is resolved.  

Hi Ian - glad to come across your question in the forums as I'm trying to figure this out and hope you might be ahead of me on this and have some guidance.. if so then I'd appreciate you thoughts.I have been planning to use HELOC to fund 20% down payment, then mortgage to cover the rest - so in essence financing 100% of the purchase.My first observation is that HELOC (Penfed Union at 1.5% payback on balance - $300 per month on $20k down payment) plus a mortgage payment at say 3.75 wickedly increases cost and eats into cashflow, etc.

Bats are easier to observe and seal holes on a two-story steep stone roof than cleaning up all bird droppings in the attic.