The decision may hinge on whether you are moving a few miles away or a few states away.You'll have to meet health and safety code requirements and perform maintenance and repairs on the property yourself, or hire others for these tasks whatever you have decided.

Through the Mortgage Servicing Rights Task Force (Task Force), a group of state regulators from California, Illinois, Massachusetts, Minnesota, Pennsylvania, New York, South Dakota, Texas, and Washington, the states have developed baseline prudential standards and enhanced prudential standards for non-bank mortgage servicers.

It's bad for the seller and ties up their property with a fee collector who can't perform if they do not land a real buyer.

@Guy Gimenez I guess I got a lot to learn but I'm up for the task..... can you  direct me to where I could  learn  how to put a good contract together

If your contractor isnt up to the task with the 203k, find someone else.

Is the note performing (if not, how long has it been delinquent).

Anything else means you are relying on others to perform as prescribed.

Five days is just too short of a time frame for most lenders (including private money etc) to perform their due diligence and come to a decision.

The kind of training received by the security guards in various States allows them to perform various tasks depending on where they find a job.

Inititially I was going to buy a whole portfolio off an investor which looked solid in a big picture but some of the properties were not performing individually at all so we will build from scratch.