As others have posted, this is not a deal to cut your teeth on. 

@David Torres  redemption rights are tricky as you allude to.. in our state where Sheriffs sales en masse like what happened a few years ago we had no case law on most of it. as Sheriffs sales for owner occ homes was rare as hen teeth.. the law was always there but sheriffs sales were usually for intestate situations for commercial deals.One issue with redeeming.. at least in our state.. is what happens with junior liens.. in our state if you do redeem the juniors pop back up and attach again.. so its a pretty complicated process. 

If the loan officer you are speaking with just has no clue whatsoever than they are either brand spanking new or a phishing scam.

It's possible to get into a small multifamily and cut your teeth with a low down payment mortgage.If you are serious about long-distance investing, start with @David Greene's book found in the book store. 

., and then advise each resident of what they must do to clean it up....No lease language = no teeth to require, but many might just need to understand what is causing the problem to comply.Good Luck!

Who knows, they might be a good fit for you, however we wouldn’t recommend them whatsoever and we think you might see why if you do a little research into them... 

It has allowed me to cut my teeth in investing near where I work and play as well.

I'm not a seasoned investor whatsoever but have been looking to purchase a live and flip in Norwood.

My parents on the other hand do not understand investing whatsoever.

=========If they are seeing these guys (pic below), they are not rats, they are possums.They sleep in the trees and will go under houses to eat their favorite food--cockroaches (or cat food if they can find it).They roll up in a ball and play dead sometimes...but have sharp teeth, and are not a pet--just a part of San Antonio wildlife like a squirrel or the birds.The cats leave them alone and will share food with them.I've not known of any who burrowed into a house like a rat to get food--they eat bugs..Good Luck!