Managing the unknown is difficult, but managing it with the experience and advice of others is really helpful.What type of properties do you have?

Maybe.)Using this unknown to negotiate a better deal to cover the cost of repairs if in fact there was an issue?

Subsequently that offr failed for unknown reasons but I was told they (buyers) just decided to put their money into other things.

We get very comfortable with our borrowers (and only loan locally, so I’m afraid we couldn't help you), but don’t want an unknown lender above and between us.Jeff

You refer to the tenant as "unauthorized", but it seems like the owner inherited the property, with a tenant placed by the previous owner, or are you saying this is is an unknown squatter.

The house now has additional sq footage and a full bath that are not on reflected in public records.I don't want to put a band-aid on a gunshot wound, but any and everything could be wrong with this addition and the unknown has me paralyzed at this point.

I haven’t really explored a portfolio lender and am anxious of the unknown at this point.

Our HML won't finance foreclosure purchases - too many unknowns (title, interior, taxes, etc).

So at this stage, the main unknown factor is: finding Tenant/Buyers who can't get the approvals to conventionally borrow right now?

- Rehabs are an unknown can of worms ($-wise AND time-wise) where your first deal could flop and your out, for years...if you're not also in legal trouble.