I do not get formal inspections done on my purchases.

And it is a non judicial foreclosure state.

If you're not hiding this fact from the lender and the lender simply allows you to continue with payments, whether by formal approval or by simply ignoring that you're now the one making the payments, then it's not fraud on your part, but you do run the risk of the lender calling the loan on you.

For non judicial states it is usually a Notice of Default - It just depends on where you are looking to do a pre-foreclosure search.  

I have seen something similiar however here in MA they say "pro se"While searching the court records I also see a column  called " initiating action" underneath that I see several types displayed:1) Voluntary statement2) filing of will of deceased no petition3) Informal probate  of will with appointment of personal representative4) Informal appointment of personal representative5) Formal Probate of Will with Appointment of Personal Representative6) Formal Appointment of Personal RepresentativeDo you know which one of these would be the best to focus on for buying real estate?

@Nathan G.You have to fill in basic information as a rental but no formal permit in Columbus.

In practice, a tenant formally challenging a deposit withholding will have to file a small claims suit against you.

If you are looking to owner finance and are brave enough to invest in other states, it's much better to do in Texas or other non-judicial states.

The space you need to live and pay for (whether you pay your business rent or not in a formal capacity) is your liability.

There is a formal process that is completed to determine valuation based on both methods.