I guess what I am really wondering is if they go on your credit report as outstanding debt (I assume so).

At least you're in the right place to get a good answer, there are some great people on here as well as some outstanding information and guides for everything.

I was sorry to see her leave the unit however it was a very small two bedroom apartment and I understood her reason for leaving.I hold deposits for 45 days to make sure as I transition from one tenant to the next that the unit is truly in good condition and to ensure there are no outstanding water bills with Columbia City Utilities.

A cash buyer can buy a property with a lien on it, the title is insurable, the insurance will simply state that the only outstanding item/excluded item is said lien.

If you find that the property has some issues(overgrown, broken windows, etc) it might be worth a call to the city to verify if there are any outstanding violations as the fines can accrue quickly.

And when you only have one investment property cash is precious and fleeting as you'll probably find out sooner or later.2.

Wordy.However the most important part to this post is that you can indeed use the VA multiple times with having a VA loan outstanding.

C) ASSIGNOR, SELLER do not warrant that the property meets any current City, County, State or Federal building codes, as well as the presence of any and all outstanding or pending violations against the property.

i seem to remember something in one of my loan packages, that at any time, if my property was appraised for less than the outstanding balance, the bank had the right to call the loan due, even if i was current...isn't this the same as what homeowners are doing in effect?

There were other properties which were beyond our budget but were outstanding value as a vacation rental.