But then on the closing side, the attorney side, etc - listing what each potential person who could or should be involved in the transaction and what their role is would probably be helpful for someone getting started.

We have a property in mind and are looking to make an offer however, all the lenders we have spoken too say we must occupy within 60 days of closing.

So it is a FACT that people on your foreclosure, absentee owner, job loss, tax liens etc. etc. list are NOT motivated.So here is what is going on.Everyone makes the wrong assumption that foreclosures imply motivation and that now becomes a fact to them.OK now, pay close attention.

At a glance, and as a non-expert, it sounds like it might not make sense to bother with an exchange if the losses are unlocked at sale.

Hey Brian,Here are some key considerations if you're looking to re-sell the property under the same "subject to" arrangement:Due-on-Sale Clause: Most mortgages have a due-on-sale clause, which means that the lender can demand full repayment of the loan if the property is sold or transferred to a new owner.

See screenshot attached for another property in the area currently up for sale.

If you are just wanting someone to go and check on your property periodically for walk throughs I would try and find an agent that is close to the location of the property. 

An offer (on a difficult to sell or finance property) might look like:$875k Sales Price with $175k down.

We are in Tampa so close but still worlds apart. 

In most cases the repairs will have to be complete prior to closing, but there are some circumstances where the lender will permit an escrow holdback to allow the repairs to be completed after closing.