@Tajuana W.You would be well served to find a local active investor to partner with on your first 5 to 10 deals so you will learn how to properly research property values, learn acquisition and exit strategies, learn how to draft a proper contract, etc. 

Perhaps there was a lienholder the bank had a difficult time tracking down to provide proper notice, maybe the lady filed bankruptcy AFTER foreclosure proceedings were filed (this always throws a wrench in things).

I currently have about 100 plus contacts of guys who make 200k a year, and are looking for other streams of income (go look at oil prices).I need help with proper research, establishing property values.   

If I am charged one penny more than i am supposed to be in a transaction and i am not properly notified and have time to figure it out if the property is still in my affordability range and worthwhile to me.....

Some of us are heavily weighted in real estate, and we are extremely happy with owning this income-producing asset class.  

Even if he has to show the seller your offer by law, he will advise the seller not to consider it without proper POF.Additionally, when POF is a given in transactions nowadays, not providing any POF raises so many red flags, the seller would literally be stupid to execute the contract.I think @Annie Bliss gave you the best advice so far if you really have a great deal.

That was helpful but I believe I need to report the remodeling costs now not when I sell as advised by Matt.We have a continuing discussion about this and I believe the rules for 2014 changed as well, so you really need to seek proper advice.However, the discussion we've had goes along the lines of whether we made a repair or replaced something, as to whether we can take the deduction.

Do it on a warm day so the cement can seal up properly and you can enjoy the sun. 

Let me start with some facts before having questions for you guys.I am thinking to have a mortgage for my first 1-bedroom apartment properly about $180k in Center City Philadelphia.

Anyway, I run my business as legally as possible and I would get the proper permits and rental licenses and everything you need and be up to code.