Your response to the compliant filed will include an "Affirmative Defense" where as a function of answering the foreclosure complaint you ask for the court to ensure the plaintiff is the current and correct legal owner of the note and mortgage and the amount owed is correct and that no fraud during the origination took place.

A high current cash flow can be the result of a great deal - or - deferred maintenance, structural problems, declining neighborhood, functional obsolesence, etc.

If the short sale is approved as you as a buyer from the current lender, then yes as a function you are 'helping' them.

Had our resident birddogs done that they would know what they could do.I'm pretty sure that in any state, if you are a member in an LLC with another or others that your job function could be do locate deals, let the LLC buy them and you could get paid as a member.

The house is very run-down from the outside (overgrown everything, two non-functioning vehicles in the driveway, rotten wooden windows) but when I peeped in the windows the inside is quite immaculate.

This assumes that professional property management costs do not vary as a function of rent (I'll find that out tomorrow when I start calling around).

the 38k includes mostly new roofing (there are 5 small roofs), major siding repair, re-finishing all the hardwoods (cheaper than 2 carpet installs), a replacement of a bathroom that is functional but not up to code, a replacement of a deck that is functional but not up to code.

You'll find missing pieces through other Acts, RESPA mentions exemptions from SEC regs, FDIC, COC, Treasury Regs have consumer protection aspects, the Dodd-Frank Act mentions exemptions.By exemption, they are saying that a certain agency or Act will govern the activities of some function and that defines the governing authority, "exempt" from other Acts unless that activity becomes another activity.

The answer to your question is a function of the marketplace you operate in and management considerations.

make sure you use the search function because there is a lot of grate info from the past here.