In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

It’s all about finding the right lender with the experience in these types of unique deals.I sent you a message!

@Jonathan LudizacaFrom a lender's perspective, starting in 1-4 units gives you experience and many more lenders will be open to first time flippers in this space versus multifamily. 

In the professional opinions and experiences of the investor community, what place in WA state would you invest in a Long term rental?

Blanco,I have 30 plus years of experience in my previous career and would gladly answer any question you would ask me without the need for such condescending sarcasm.  

I know I can't be the only one who has had this setup before, so I am just looking for thoughts, advice, experience, etc.

Hindsight and a few decades of experience has taught me that with a good lawyer I would have been in the clear completely.

I am an seasoned real estate agent and affordable housing compliance manager in NYC with some experience in the Hudson Valley Area.

Does anyone have any experience as a foreigner investing in the US, or can anyone connect me with someone.

This approach would allow me to learn with each deal and minimize initial risks.2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.I have no experience with either strategy.If you were in my position, which strategy would you choose and why?