The series of assignments of debt created must be with the seller/holder's consent, probably not hard to obtain but needs to be signed off on. 2.

Of course, I will point out what other's may have missed: you might have been a second (or even more junior) position lien holder with the first position lien holder foreclosing.

I self manage so I also use a 10% place holder property management.

This is a general discussion question...I am curious as to where you get your data, as a Broker nand an Appraiser, I would think that it is critical for the fix and flipper, buy and holder, wannabe wholesaler, or general investor to have MLS access...do you also preview what is on the market when attempting to make a rational investment decision in order to have a strong ARV as well as an understanding of what others are supplying in the same price point, ie. the competition, I put zero credibility or credence in Zillow, yet I see so many people placing emphasis on this weighted algorithm...understanding that this is a big country with many different markets, I am curious to hear your feedback.

An IRA holder may act as the property manager but there are limitations.

If you want to be obligated to send some of that rent payment to a mortgage holder every month, that's fine.

I am a licensed FFL.

If you have money from Asia or your own personal wealth, AND are a long term holder, current caps and rates of return are of less concern because over a 20 or 30 year hold you are sure to do well.

However, if at a later date, it surfaces that you did violate the intent of the arrangement, like your future interest holder sells, that's a different matter.There is no due on sale jail, there is bank/mortgage fraud jail, supplying false information to a lender. 

If hard money lender is a lien holder bank will pay them directly.you get $0 cash out of deal but now control a property with 100,000-70,000= 30,000 in equity.as bill said make sure A) you will qualify for the cash out refinance and B) Their seasoning/LTV requirements.