Problem we've been having is the lenders are using appraisals based on comps and not an income based approach on anything under 5 units.Out of curiosity have you reached out to any of the lenders on Kerry's list?

Just out of curiosity, seeing as you're a PA man, would you recommend any submarkets in Philly or Pittsburgh.

Out of curiosity, how will your travelers know about this option? 

Any rights of Landlord that accrued prior to cancellation will survive such cancellation.COST OF SERVICES AND REIMBURSEMENT.

@Trey Crusey, interest accrues not just on the taxes, but also on a portion of the overbid. 

Out of curiosity, I took a crack at evaluating the property using this method.  

Though out of curiosity, where in Brooklyn would you find cash flowing multi-family properties for $400k and under? 

That's what a paid service or a doggie day care facility are for.Out of curiosity, what kind of damages is he talking about? 

Long term goal would be to give home to renters, although I have some curiosity about the way to execute that...Tenant is not yet responsible for water, but I would intend to submeter.

My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total.