You don't have to commit to an action on the spot.

That doesn't mean that I am committing to doing that. 3.

I’m happy with a one year interest only commitment as I don’t think the rates will get to there that quickly.

Steve: If you are going to bid on an Ohio Common Pleas Court  foreclosure, the process is pretty safe because the foreclosing lender has to include a "PJR" which is actually a "Preliminary Judicial Report" which is a title report and include a commitment for title insurance should the bidder be successful and the property to be conveyed.This differs from a liquidation auction by a lender, private auctioneer, receiver (other than an actual foreclosure case) where you might be successful but the property has pre existing liens that don't get swept away by the foreclosure case.For your first one of these, get a lawyer to advise you.

I understand that it may take time to build the capital for larger deals, but I’m committed to making it happen. 

@Kristi Miller we were in a similar position as you- small mountain town, not great cleaning options, lack of tech etc.When we started our PM company we made the commitment to pay the highest 1099 cleaning wages in our area.

The communication has been awful and the seller is furious over the one week delay, mostly because the lender will not commit to a date.

When someone has a significant amount of their own money invested or even risks losing their primary residence, it changes their approach and commitment to the project.Do you typically have a minimum down payment requirement for your borrowers?

If they haven't committed fraud or done something extreme, I would suspect your lawsuit would be a waste of money. 

Not everyone is fit to be a landlord and I don't know what expectations were set when you first bought it.Regarding him not working on the house since he started dating someone, you need to politely tell him that he has obligations that he committed to.