Also many other Counties in non-covered States also include it. 

It should detail any liens or subordinate agreements, including the unpaid balance.

Again, if your $250k is true, and includes all the electrical upgrades, new plumbing runs, potentially new foundation pour (since I assume the existing garage slab is not capable of supporting a new two story house), I am guessing since I don't know the market, but assume you will have a lot of equity by completing the project.

We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.

I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

In order to move back into the home, the homeowner would need to reinstate or payoff the loan, including the costs of the receivership as permitted in the order.

Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees. 

Yup, JUST LIKE EVERYTHING ELSE INCLUDING RENTS. 

The risk is not including due diligence caveats in your offer, like inspections.   

I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone!