(yes they charge a fee.)You make your payment each month and they direct it to the 1st, 2nd, and Oh yes you will need to pay enough for property taxes, insurance, and anything else tied to the property each year. 

You have a single family house that has tied up in it maybe 60K equity and 140K loan at 4.25% (which is 1.25 higher than the best you can get now). 

Ideally I would be able to invest in other properties in the near term but I am also concerned about tying up all my available capital and loan potential in the house too.Thanks for the discussion.

I'm dealing with one now and I am hoping they just leave (except they haven't paid for July and with the eviction ban our hands are tied). 

This ties into the college questions, because if becoming a real estate agent is not possible, my next best choice is to get a degree and work a regular job, until I have the money to start investing in real estate.Sorry for so many questions,-Noah Norton

It seems you can tie in all the DD work with the workout work (assuming you do workouts). 

How you handle situations, ties directly to how people respond to you.

This is a poor choice of deeds and you should never accept one if you can get a stronger deed.

Many of your borrowing options are tied to your income.

John the key on short sales is to NOT have your earnest money tied up into the deal until ALL lienholders have agreed in writing to the short sale.Also a clause that you have the right BUT NOT the obligation to go through with the sale if it is finally approved.