I have actually seen them in news print stored in metal warehouses.Formotion temites do not return to the ground for water.

Are the documentation needs onerous?

This bulk REO-to-Rent buying started with large banks, and is now being extended to the GSE's (Fan/Fred/HUD)http://www.housingwire.com/node/32233http://www.gipartners.com/news/waypoint-real-estate-group-and-gi-partners-establish-partnership-to-build-single-family-rental-

I am confused on what type of paper work or documents I need to provide after I have a contract set up with a seller and buyer.

Good news is I will continue looking for more homes and will continue to look for a more favorable partnership split or an investor interested in a high interest loan as suggested by Ibrahim.

In the meantime I started marketing the house with for rent signs, news paper ads, Craigslist, and several other internet sites.

Many were calling the fee a document fee, storage fee, transaction fee, etc.

In the event he does not cure the lien you cancel the contract and get your EMD back for default of the seller.The seller has no recourse against the title company, he likely signed a document agreeing that the property is free and clear, which it is not and a document which says he will cure any material defects with the sale.

Cash out refinances where the subject property was purchased within 6 months (measured from HUD-1 date to the disbursement date of the new mortgage) when no financing was obtained for the purchase are allowed under the following parameters:o The new loan amount must not be more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points – subject to the maximum LTV/CLTV/HCLTV for cash out transactions.

The online county document database is not up to date with the current month's foreclosures so I don't think that is an option.