I cut my teeth in New York litigating these insurance companies and I can attest that these are usually rough cases - insurance companies have legal teams to push back on you, and even if they don't have a good case they drag it out for as long as they can to try run your bank dry.

People will see you as a no BS guy that may not be sensitive to their feelings but always honest and transparent.I have made it far having just that as my core values!

Hey may also advise this so you can close quickly and easily with cash, and snag time sensitive deals, and then go through the cumbersome loan process on your own time so it won't jeapordize the deal. 

You may have to pull teeth to get what you need.

My statements are always made with no emotional intent and will often come across as harsh to those more sensitive individuals. 

In reality this hasn’t been a very common scenario recently, but is something to put in the back of your mind that, although not likely, COULD occur.There are several elements of a shared well agreement that can be written to add a little more teeth and protect against things such as this.

Though I am not the sensitive tender foot I was 10 years ago when it comes to standing my ground with Customers.

Abraham,Appreciate your input, I'm currently doing more market research, and it looks like Stockton might actually lead job-growth in CA this year. (1)I'm still new to the game, and use cap rate  w / debt service, because comparing COCR is sensitive to the DownPayment / financing, whereas CAP / w debt is much less so, even though it breaks the definition.Is there a better metric, or maybe the mechanics of its use is still not 100% for me, would appreciate any feedback.With some of these COCR returns, you could break even in 3 years, granting an infinity return after that. 

If HOA, the property may be in a super-priority lien jurisdiction where only a portion of the HOA lien has priority and the foreclosure of that lien does not extinguish any mortgages.A mortgage originated in 2006 would likely not mature until 2036... and if payments (principal, interest, taxes, insurance) had not been made for some time (especially on a neg-am loan), the current balance after escrow shortages and forced place insurance coverage could easily have mushroomed to $250k.Only the mortgagor (and the property itself) is responsible for satisfying the original mortgage debt... until a successor in interest acquires property subject to that mortgage, in which case it's still not the personal debt of the purchaser but simply attached to the property.Need more info here to be helpful.It was a HOA auction there was a judgement for 4911 that was never paid plus some outstanding dues (rumored to be 18k) but the HOA sent me info only asking for last 3 months of dues so farI have a ton of information on the property basically everything but any info on the current mortgage status (deed, original mortgage, mortgage assingment etc) I just don't want to post something that would be sensitive to the previous owner Until a successor in interest acquires property subject to that mortgageabout this section specifically, does that mean I could inherit the mortgage?

Our goal is to move all the tenants out (which I forsee will be like pulling teeth), remodel and transition into a short term rental model.