I would be extremely cautious of this company and anything started by this family.

@Philip MurphyYou would need to have the taxes paid and payoff his mortgage for you to receive clear title and title insurance.All debts on the property must be satisfied to provide clear title

(A) enough capital to satisfy the demand and (B) enough demand to put your capital to work.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

In that area you're looking at average rents in the $1,200 - $1,300/mo range unless this house is extremely nice.

I can put a combination lock on it but wonder if that will satisfy his requirements?

I once paid a $53,000 assignment fee; I can say, it was extremely upset when I got to the closing table, but even with that $53,000 assignment fee, I will still buying at at .40 on the dollar.

But the trust can be sued and be attached and sold to satisfy the judgment.

Constructing new homes and selling them is extremely difficult and challenging.

I am extremely excited about starting this venture.