In the past, I've found both to be good sources of information for market insight and referrals. 

;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process. 

Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube. 

Full disclosure, I'm not a disaster expert, politician or climate alarmist, but according to those fighting fires on the California coast since the 1960's, Devil Winds are natural occurrences each and every decade but require highly conducive conditions to be as destructive. 

You can generally achieve better bank leverage and has a lower barrier of entry.Thank you for the insight, @Stuart Udis.

Regards,Tim SmithHi Tim, thanks so much for the warm welcome and for sharing these insights!

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

Quote from @Julia Lyrberg: Great insight!

I’d love to connect and share insights about the market or anything else that might help you on your journey.

I appreciate your insight into the situation.Yes, the initial loan period was 3 years interest only so it was unlikely any of the loan balance got paid down.