That's perfect .

ERGO you are in foreclosure in the first place.GFC meltdown saw values drop 20 to over 60% in certain markets  .. your 70% LTV loan was underwater right out of the gate.So to answer your questions.In General... you have a foreclsoureyour value is 10% less than it was when you made the loan.. reason flipper butchered the job ... and again depending on state it could take 1 to 3 years to actually foreclose and of course your not getting any payments.. so your interest is wiped out. your cost of doing the foreclosure again state specific.. and I have never met a defaulted borrower that paid the property tax's  ( and again state specific how bad this will be).. you have selling costs usually 8% and you normally have to spend money getting the home marketable I have never met a defaulted borrower who left a home in perfect shape.So you add 10% market devaluation  8% for sales costs.. 3% for foreclosure costs.. 2% for back taxforce placed insurance and utls.. and depending on the condition of the home 5 to 10% for rehab .. you can see how this eats into your 30%  .. then take states Like were i live and properly filed mechanics liens are super liens they jump ahead of your mortgage.. this can be thousands up to 100 thousands if your flipper totally screwed the subs. 

It almost makes perfect sense that if you are a member of the LLC or DBA you could collect the rent, but I am not an attorney.

If your first name were Alf it'd be perfect.

Looks like this forum is the perfect spot for all of the above.

One day, but for now I think a strip mall would be perfect. 

I can afford up to $200k property, so buying a few of these memphis properties would work perfect and help me to meet my goals!

He/She is great at marketing properties on the retail market and I think your property would be perfect for them to take a look at"Then you call me up and guess who just earned some free CMA's!

They have done it, they are continuing to do it, and from their perspective, it makes perfect sense.

Excel is perfect for me now, but I am sure I will need to "upgrade" down the road.