And they will be scrappy by nature and certainly don't have that kind of downpayment laying around.Second, obviously is price.

Currently I have a regular primary homeowner insurance policy on the house as it was our primary home for the past year.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

While this is regular due diligence, mistakes can be made when the market is hot and you have to move fast.

This is simply predatory in nature full stop.I have sold many of my OREO props on low down ZERO percent financing but they were at market prices and the buyers owned them free and clear in 24 to 36 months that works.. but long term contracts on these homes is not a solution for neighborhood revitalization just the opposite.

My bet on the next twist is the death turning out not to be natural causes.

A little late to the gratitude fest, but like @Kerry Baird above, I am genuinely grateful for the old timers here and the new voices as the collective wisdom of this group is something I tap into regularly.

Then when you have some sort of portfolio and your face and name goes around, you naturally will attract people who will want to work with you.

So naturally she is confused (I read this by coincidence). 

She will never be happy with the heat, she can barely afford the place, and she's regularly late with rent.