What I have learned is that most properties will cash flow in any market including the expensive Boston, NY and San Francisco markets if you put the right financing instrument on it. 

But I see no good reason to be in 1st position on a note I didn't create, because depending on where (what state) the note was originated and when, the security instrument may have serious issues of enforcability.

It simply allows them to pursue the available remedies within the security instrument and note.   

FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year.Any person individually or jointly owning a home covered by an FHA insured mortgage in which ownership is maintained may not purchase another principal residence with FHA insurance, except in certain situations as in relocation outside the commuting area of the original home, an increase in family size, getting a divorce from the co-borrower on the original FHA property, or was a non-occupying co-borrower on the original property.Those are excerpts from the actual FHA manual.  

Requisites of instruments other than deeds.

You can go there and have them prepare the documents for you for your settlement.The POA needs to specifically state that the purpose of the instrument is to grant authority for your wife to sell and convey real property, located at....in connection with a sale agreement dated .....and terminate the POA a few days after the estimated closing date.While general language such as to do all things necessary, blah, blah, should be included as well to sign other docs if necessary, it should state specifically what is to be done.

So you think that using agent commissions as an incentive is instrumental in the process of selling a home fast?

I can usually get a good idea if a property is worthwhile with a Texas Instrument BAII Plus calculator, scratch piece of paper, and a pen.

the note is the promise to pay.. its not the security instrument.. the security instrument is the mortgage or deed of trust... those remain on title.the QC deed simply releases the person who sign it over to the new person all other debt instruments remain in tact...

(1) "Mortgage servicer" has the meaning assigned by Section 51.0001, Property Code.(2) "Transferee" means a person who is licensed under Chapter 351, Finance Code, or is exempt from the application of that chapter under Section 351.051(c), Finance Code, and who is:(A) authorized to pay the taxes of another; or(B) a successor in interest to a tax lien that is transferred under this section.(3) "Mortgage servicer" means the last person to whom a mortgagor has been instructed by the current mortgagee to send payments for the debt secured by a security instrument.