The competition factor around here is somewhat daunting but BP is helping alleviate some of that pressure about how to go into a deal as prepared as possible. 

Gone is the HML to refi ( at least in any great abundance) and what you have now is a more educated buyer who wants the home done and tenanted to alleviate risk..

There are a host of other possible reasons as well.Finding the problem and solving it professionally just alleviate most potential buyers fears.

There is a reason many states have enacted legislation to attempt to alleviate this kind of abuse.

This alleviated his frustration and he still owns the house today.

Anything we can do to alleviate those problems?

It's easy to get overwhelmed with Real Estate, and Biggerpockets definitely alleviates a lot of that pain.

I learned early on not to waive l/c hoping it would alleviate late payments, NOT.  

So I'm curious to some of the more experience investors here:If there is a huge risk that the 1st will only ask for enough to cover the first in a foreclosure, extinguishing the 2nd, and losing your shirt on the deal, do you typically reinstate the first/property taxes to alleviate the 1st's foreclosure so you initiate and get full value for your note? 

We are interested in learning about Real Estate Investing as a possible way to alleviate the cost of room & board for our daughter in the short term but also to learn about how to take advantage of this type of investment for long-term wealth-building.Our short term goal is to buy and hold rental property; single family or small multi-family duplex in San Marcos, TX.