My wife and I welcomed our 1st child last year and I'm motived to create some passive income allowing me to work a little less in my main profession.  

This would allow the easy transfer of their property to me (I’m an only child), give them greater capital to invest to pad their nest egg, and give me peace of mind that the home was being well maintained. 

(when in fact was the child) Therefore, keeping bank calling note due very slim as bank "assumes" it is the sellers trust continuing to make payments.Just a thought.  

I have been very clear that since I bought this at a low price, I take care of my homes during the original renovation as if it was my child.

Various collections, non payment of child support, and a six-figure federal lien...  

Lenders already ask for your left arm and first born child, so doing that 10 times around quickly may be nearly impossible.

Most people wanted retireries and no children or one child but no pets.

I actually got the foreclosure off my credit report because i argued the case saying she was responsible for the mortgage based on the divorce agreement and no I didnt have an attorney just could not afford it with the child support.

I believe that the 160k covers the loan amount and the liens, but doesn't cover what extra that the wife wants to cover child support, etc. 

The only thing I can think is that he does have a irs lien or a child support lien or maybe a tax lien from the state.