How is the financing tracked so all parties are agreeable on outstanding debt, payments made, etc? 

I have 4 outstanding mortgages in rentals ranging from 3.75% to 4.125% on 30 year notes. 

To my pleasant surprise she admitted she herself just learned that there is $20,000 of outstanding taxes on her property!

You don't want to be surprised by a outstanding lien or mortgage on the property, a title search will help you vet this out. 

I I dont mind funding with ground rent outstanding its always such a small sum .. but I just got referred to a BRRR investor that had 4 homes in Balt city ready to close and the lender pulled out last second.. so they called me :) AS the closing attorney knows I will do these deals.

Know lots of Salt Lake investor realtors, but he's outstanding.

After talking to them several times and providing outstanding references I folded.

We are looking at purchasing a tax lien property at Sheriff sale as our first property since it is in the same neighborhood we live in and looks to be in good shape.I purchased a title search on the property, which came up with no other outstanding liens, however the copy of the deed in the title report has the name of the son of the defendant on it. 

I took it last fall The National portion was pretty straightforward however the Maryland portions are very heavy on strangely worded Ethics questions Russell Brazil's advice to pay for and do the PSI practice tests is outstanding advice as thepractice tests really helped meBest of luck

So, don't be afraid of outstanding redemption rights, but make sure that almost all of your improvements are preservation improvements rather than additions or upgrades.