Florida has a lengthy foreclosure process for lenders and mortgage service companies because it is a judicial process, if the loan for the first mortgage is conventional, and the property is upside down the third party purchaser at the HOA sale should try offering a short payoff to the lender or mortgage service company.

It is long overdue in a community where 2/3rds of our residents are renters. 

I have a repo from years ago and my credit length is still in the low category.

And a lot of people pay attention to him as he's an accomplished author and has been a BP podcast guest on 3 shows.BiggerPockets Podcast 311: 6 Rules for Investing in Real Estate in the Coming Economic Shift with J ScottBut I would also consider that if you're young, with a long-term horizon to weather lengthy market cycles, a pending recession plays a much smaller role in considering investing then if you were nearing a traditional retirement age (50-60 years old?).

My purpose wasn't to fire off a lengthy list of detailed questions, because I'd already gotten those out of the way in the numerous emails and telephone calls with him and his team in the weeks prior to the visit.

Jaden,I agree with you - standard realtor contracts are lengthy - especially when you expect that the offer will be rejected.How you present an offer will depend on the type of listing and what the seller has instructed the listing agent to do.

How complex, lengthy, and costly is the foreclosure process compared to the eviction process or vehicle repossession and could I do it myself or would I need to look to a title company or real estate lawyer?

Will the sister be able to pay the rent or will you be facing a lengthy, expensive legal process?

I'm sad to find out now how you feel about me and what I do, as I had hoped that my compassion for what you experienced would've been more obvious in our lengthy conversations.

That was a lengthy process so now we are now just primarily doing lease options which has a much shorter time frame to evict if a tenant stops paying compared to seller finance.