You can find the deals, just have to be connected to the locals and walk into those units reeking of cat piss and say "Smell's like a deal, baby".

I am concerned about noise levels when my baby gets here, because newborns cry in the middle of the night and I truly am worried that we are going to have an issue with something that is out of my control, and me and my family are going to be out on the street because of that.

We put the HELOC into foreclosure to avoid it getting wiped out in the sale (The senior would have survived the sale).

Any way they got sued they got turned into the AG.. they got wiped out and ended up having to work for me..

My opinion is this would be a high risk move that could wipe you out before you ever get started."

My wife wants to pay down debt first then consider buying a second home, especially with a baby on the way.

I'm not risk averse per se but I'm just trying not to get wiped out. 

If short sale sale due to reverse mortgage or foreclosure then the borrower/principal homeowner per HUD [the foolish sponsor of the conniving manipulative reverse mortgage industry that is out to take homes from remaining Baby Boomer seniors & elders so younger families can purchase the homes instead while those seniors and elders are placed into senior living centers etc.

Still not clear if you had a joint venture agreement or a recorded mortgage with a note in 2nd positionBut sounds like hard money lender foreclosed and it wiped out a second lien.If you gave loan in that persons name vs LLC then you could still get a judgment and recourse but if it’s only LLC with no personal guarantee then your options are go after LLC only (and hope their are other properties in the LLC)What due diligence did you do on this person originally?

Will this be wipe out after the sheriff sale?