@Robert D.In addition to @Chris Seveney's extensive explanation, if the property is located in Chicago or just Illinois you've got this to deal with:https://www.domu.com/blog/new-illinois-law-protect...Your assumption is that it will sell at the judicial sale for 40k.

@Chris Seveney I'd love to hear your strategy as well.

so work force more diverse.. but that also leads to very moderate gains in values and values because there are so many rentals are really related to what one will pay for a given cash flow and the 1% rule seems to be the bench mark for OOS investors to take the leap to other markets.. unlike the west coast were our locals are happy at the .05% rule... there is no way they are going to Memphis or Cleveland or any other mid west market for the 05% rule.. why would they with no real value growth there are better ways and safer ways to invest.So where does the investment real estate inventory come from.1. burnt out landlord syndrome there are areas of the city that many won't work in @Chris Clothier commented on those neighborhoods in a thread earlier this week. 

What Chris said is correct in my county.  

Chris, Let's connect and chat about what you're looking to do.

@Chris Seveney 

Thanks,Chris

I can echo Chris's statement and will elaborate on a few points.

Originally posted by @Chris Mason:For that not to work, you'd have to imagine the bad guys not just spoofing an email, but spoofing an entire title company. 

Thanks for the reply, Chris.