His solution to start with is to cut all of the finishes that we added ($21000ish).

However, if the vendor is still personally on title as a tenant-in-common, there may not be a mortgage registered ... in which case, a conventional lender may not see the property at all ... or will simply see a property you own jointly with a another party.That said, you will still be signing an agreement with the conventional lender in which you state that you have disclosed all such debt obligations :-)

Or can I simply fly down, take it, and fly back home until I make my move...?

The only downside to this is the cost of the refi vs simply purchasing the new properties all at once.Well thought out!!!

Hi Johnny,If you want to know about the foreclosure process and you don't have an attorney to help you, go to the statues that the legislator has created, it's free, read the process, its simply the matter or sending the right letters with the right information. 

If there are any investors out there who are willing to pass on some of their knowledge about finding deals, such as simply letting me know where the action is happening, I would be honored to talk!

Those assessments have no basis in reality, the are simply a function for the gvt to collect the taxes that it needs to operate.

Cutting corners  can come back and bite you in the butt.

Any way you cut it, the deal made sense, and the returns were going to be high.

The 90 day verbiage sounds like if they're falling down on the job OR simply can't get a unit rented within 90 days then you can cancel immediately.