My company has 50 offices nationwide but none in Penn unfortunately.

He of course has gone on to do other things.I have passed your program on to a few of my clients and the feedback was tough underwriting ,, and valuations.. so for me it probably depends on your particular market .. some local portfolio lenders are going to be much more aggressive than other markets.I would think the B2R target borrower is not a newbie type investor. but a older investor which has owned their portfolio for years has 50 to 500 homes and wants to pull cash and is fine with a very very low LTV loan   I could be wrong but that is my sense.I had some of my vendors  ( I do short term HML for turn key companies nationwide) and they were trying to finance AU buyers through B2R and could never get it done.

"Cleveland’s housing market has been called a lot of things the past few years, but the debut of a housing index by the Columbus-based Nationwide insurance and financial services firm terms it something different — healthy."

Is there anything special that will need to be added into the contract that would allow me to get out of the deal if I did find an outstanding lien that I wasn't willing to pay?

All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges or fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."  

What makes a property with no mortgage more attractive than one with $1000 mortgage outstanding?

You get a fully rehabbed property and their customer service is outstanding.

According to the recently released Nationwide Health of the Housing Market Report, Philadelphia follows Pittsburgh, PA and Cleveland, OH as the top housing markets in nation.See links below for more information.http://www.marketwatch.com/story/nationwide-unveils-broad-measure-of-us-housing-landscape-that-signals-healthiest-outlook-since-2001-2015-03-31http://www.msn.com/en-us/money/realestate/where-are-the-healthiest-us-housing-markets/vi-AAajaf4?

To enhance and contribute, and make an outstanding impact on the lives around me is the ultimate!

When you find a few notes you are interested in possibly buying order an O&E report to see what outstanding liens are against the property and request a pay history before paying.