Hi, Edwin Williams Thanks for you input and Yes that much of information in any topic can be overwhelming that's  what I think its important to  focus in what do you want to accomplish  and set your goals accordantly.I agreed with you and to keep things simple believe me I'be been there were I had  to vetting on contractors, roofers, home inspectors just to name a few and it is not an easy task when you have a kid around and you have to take them along with you to meet and do all this diligences and neither my husband could take the responsibility since he has a full time job so tI can even phantom the possibility to do this out of state all by ourselves I know its possible and more profitable but no the right fit for us and that's how we come to the conclusion that a TK provider might be the answer to our quest to REI and yes maybe in a future with more experience and more Knowledge we can run thins ourselves why not.Thanks again.

You're definitely reaching with some of your conclusions, particularly about finding buildings with low fees.

So after doing a lot more research, I've come to the conclusion that specialty programs won't work with it because it's not solely a residence, and the banks don't like it because there is so much going on on the property.  

She might just wise up and come to the conclusion that doing the extension is the best way to be rid of the property.

Search engines these days care about how people use your content.The conclusion you should take from all of this is spend more time on content.  

Mortgage brokers see your other mortgages when they pull your credit report, so your choice is to either tell them you're living in all the houses or that you're not reporting your rental income.When they hear you aren't reporting your rental income, they will then make the next (possibly not true, but maybe logical) conclusion that you may commit mortgage fraud as well as tax fraud and the ethical ones will just refuse to loan to you regardless of whether your W-2 income gives you sufficient DTI for another purchase.I have one tax client who is a mortgage broker who, when he encounters this scenario, tells his customer they must go back and amend their returns before he'll loan to them.  

As @Wayne Brooks suggests, upon the conclusion of your auction your lien will be extinguished, barring any post sale right of redemption (not present in GA), you then would take title subject to any senior liens or interests.  

Overall the expenses were some two thousand dollars (things are very expensive in Australia), which was probably half of the monthly rent.I think the lesson/conclusion for you @Jerry N. will be to tell your trusted relative what decision they can make on their own, what they should consult you about and not try to save money on international roaming. :) You can also instruct your contractors to consult you if they get a call from your trusted relative.

Using the traditional wholesale method in my market those not work as well in comparison to your market.In the NYC and NJ market the sellers are different type of breed of people and they have back out many times for silly little things, I am sure in your market a hand shake is a bond but in this market time is your enemy and whatever way you could prevent a seller from backing out, this is an added option for it.I dont know why you want to focus and the"stress statement" that was just added information but that doesn't make or brake this strategy.The conclusion, many responded here that using the MLS would get you a higher profit margin.

I still know nothing about the property and the price involved but because it is LA I'll just jump to the conclusion it is worth the effort.