At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well. 

I’ve put them both in my own home, rentals, clients homes/rentals.

I have some clients closing now..... there were a few bumps in the road, that have been sorted. 

I've been recommending www.repstracker.com to my clients. 

When the police catch up to him your cousin is going to say that you told him he could have it for a WEEK not a weekEND and the police won't charge him because you gave him the car to begin with and its difficult or impossible to know what you may have discussed as the terms.

Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.

There are other, more ambitious, risky, and difficult, ways you could achieve the same end goal.

I think it's probably less common here but I've often wondered about how difficult it would be to convert a detached garage, etc. on a property from a legal standpoint.

They've transitional to a basic management structure for most clients. 

Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction.