While there are some very nice parts of Newburgh, especially down by the waterfront, there are also some very dangerous parts of Newburgh.

Not to mention the fire danger posed by people smoking in bed. 

The website for one of our target local municipalities will show if a specific property is delinquent on taxes, however the problems with that are that:1) We'd have to search search by property address, and we won't know what addresses to search for, being that we're looking for a list of properties that are in this situation.and2) Just because a property shows on the website as being in delinquent status, doesn't necessarily mean that the county has necessarily served the owner with a notice that the property is in danger of being taken soon.Thanks in advance.P.S.

But that can also be dangerous. 

All of this will change over time but thinking through it ahead of time will allow you to make fewer mistakes and have the process go smoothly.Finally congratulations on taking charge of this.

The only exception that applies to a home seller under the rules is someone who only “originates” 3 or fewer loans a year.Under TILA, any person who originates 2 or more mortgages referred to in subsection (aa) of this section in any 12 month period or any person who originates 1 or more such mortgages through a mortgage broker shall be considered to be a creditor for the purposes of this subchapter.

Move forward with the first applicant since she was indeed first, she was referred and the fewer occupants residing in the property the better. 

The leading real state books and educators teach the following basic approaches to buy real estate creatively.Some good and some not so good.Later I'll discuss the pros and cons of the best creative financing methods so you can determine which to use for your particular situationLand ContractsOptions, Leases, Options to purchaseAITD's (All inclusive trust deeds or wraps)Seller carry back deeds of trusts/mortgagesTaking subject to the existing financingNot recording the deed, which is dangerous if not properly protectedRecording a memorandum of agreement Trusts:Transfer the property to the sellers trust, get the bank to approve the transfer and then have the beneficiary of the sellers trust changed to the buyer.Just transferring title into the buyers name hoping the lender won't call the loan.Equity shareAny of these will trigger the due on sale clause and as a buyer or seller if you haven't put safeguards in place, you are unprotected against claims against the title from showing up and or the lender calling the loan due.Are you prepared to take the chance that the seller may further encumber the property or resell to someone else?

I have even advised my friend a few times about the dangers/what he is risking by working "outside" of the system.

This could be good for your records to show no dangerous mold in the air after rehab.