Non-bank mortgage servicers have acquired massive portfolios of mortgage servicing rights, many of which consist of delinquent loans that require a heightened level of service and support.

I have laid out a rough draft plan that should allow me to acquire 35 rentals ranging from purchase prices between 65k-100k by the time I turn 31 years old with rental rates ranging from $850 up to $1300 a month (putting at least 20% down on each home with a conventional loan, depending on the condition trying to get a conventional rehab, and using the positive cash flow to pay down mortgages/use towards down payments on more rentals) I have read multiple books from millionaire investors such as Manny Khoshbin, Donald Trump, and the like.

IN SUCH EVENT, ESCROW/CLOSING AGENT SHALL RETURN TO BUYER (AS BUYER’S SOLE AND EXCLUSIVE REMEDY) THE EARNEST MONEY DEPOSIT.

The main exceptions would be people that inherited or bought the houses extremely cheap.There are a lot of ways you can acquire that next property. 

This is an accounting question, how would you do the accounting for a property acquired in a subject to transaction?

Once the redemption period is over(how long depends on the state) then you can acquire the property for what you paid for the tax lien.

I am trying to think of another way to acquire the property without assuming the loan and having to put out 30%+ for a down payment.

We will discuss the project, how we acquired it, how we financed it, how we manage our contractors, and how our company started.WHO SHOULD ATTEND?  

Unless that basement becomes a swimming pool (rather than just a little seepage during downpours), I doubt you're obligated to remedy that.As for mold because of the clothes pile near the moisture....is it not really just mildew?

I know this is the right thing to do, and as I read in Rich Dad Poor Dad, I am going to acquire assets and not liabilities.