What we do is ASK THEM FOR A COPY OF THEIR DRIVER'S LICENSE to have the lockbox code.

With that being said, I have looked to try and find places for rent in the zip code as well as the town and have not yet been able to find any comps or availabilities.  

Hi Bridget, There's probably a "building code violation" or "non-compliance" document recorded at the county office where you're located.

If the property owner and property management company, after becoming aware of the concerns of neighbors, take no action or ineffective action, then I will evaluate whether to make an offer to buy the property (at a discount) or what I can do to shield my tenants better or what code violations need to be reported to the city/county.

Good morning everyone.For those of you that Invest in or know the Memphis area well, could you please tell me, in what areas ( Zip codes ) have the highest, PITI ( what I'll e paying out for the house )  vs  what I should be able to rent it out to somebody for?

He also said that the real estate code of ethics states that inspection findings that affect the value of the home must be updated on the MLS.

The porch is the biggie upfront, as it is a current code violation. 

There are a LOT of factors in determining if this is a good deal or not, aside from the price and zip code.

Marshals do collect, but who knows how much effort they actually put forth. http://www.nyc.gov/html/doi/html/marshals/judgements.shtml#faq26

There are some specific things you'll need to consider though by doing this type of transaction (Which is commonly referred to as "Sub 2" or "Subject to", meaning you're buying the home "subject to" the underlying lien staying in place).You need to properly disclose the due on sale clause, and what that could possibly mean for the selleryou need to wait 7 days before closing with your end buyer (Texas property code says that when selling a house with an underlying lien you must wait 7 days after giving your buyer an underlying lien disclosure before you can close.