That will include assisting with getting the property prepared to go to market, arranging photography, marketing the property, holding open houses and showings, then of course overseeing the lengthy disclosure/escrow/closing process.

Hello @Suneet Dewan,To keep this post at a (somewhat) reasonable length, I will be brief on each topic.

By paying off the bank loan, the seller can avoid the lengthy and costly foreclosure process and can quickly resell the property, potentially to a more financially stable buyer.Hope this helps, and I hope I understood your questions/concerns.Good luck with your class,KC 

This can ensure that the late fee scales with the rental amount.Daily Fee: Some landlords charge a daily late fee for each day the rent is overdue.

Typically this is a lengthy process but mandatory.

After going to a few tax deed auctions simply as a spectator, I decided that although it is a good idea, it's a lengthy process and is better suited for me when I have the available liquidity to not worry about my cash being tied up for months/year. 

The entitlement process can be lengthy depending on the municipality and local requirements and in many instances if variances are required or sought, the timeline can be stretched even longer.

I recently got into a lengthy discussion on another thread about wholesalers and whether they bring any value to the real estate industry or not.

The process can be very lengthy depending on your local codes.

However, it will probably create a pretty lengthy payback period.