The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

This was last year and shows the balance to be about $8000 What kind of debt is it? 

@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.

If so and the monthly payment isn't too bad then you're still moving the needle forward if your main goal is wealth generation and not just cash flow. 

If you have the means to cover debt, you can avoid the accounts being liquidated.   

@Eli Fazzojust curious - i am assuming your NY rentals have debt on them. 

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

More properties but more debt. 

These transactions are defined by the terms of the Mortgages , Deeds of Trust , or Deed to secure debt or what ever type of debt instrument that is state specific.

Offer to be the guy that restores the old family property to it's former glory and all....Still it'll be hard to not look greedy because you do want to make money after all.....main thing to me is being super PATIENT.