The owner found our information hanging on the community bulletin board at the local grocery store.

This is probably my biggest hang-up...Numbers at $60,000:Rental income: $1000-$1100 average (know the area, rentometer, etc)Total operating expenses: $391 (5% est for CapEx, maintenance and vacancy)Mortgage expenses: $258Cash flow: $350I am able to get a conventional loan for 4.5% interest with 15% down.

I guarantee they know as much/more than anyone just hanging around. 

2) What are the low hanging fruit? 

This will be my first foray into REI (other than having purchased my last two homes), so I was leaning toward a SFH that's pretty much turnkey to get the hang of the landlord thing before having to also learn about the rehab end.

Now that she’s done with school and our toddler is in daycare, I’m looking to hang my license.The unique part, or what I’m thinking is unique about my broker search, is that I’d like to focus on property management and support clients with purchases/sales when opportunities present themselves through semi-active prospecting.

I would keep your FL license until you sell your home and just hang it with a low split brokerage, you can have RE licences in multiple states so I'm not really sure what you're asking.

In other words there could be potential claims hanging out there from the defaulted borrower (and/or BK trustee) for some time.This scenario is a problem in the context of title insurance as well.Yes, the current owner of record needs to convey title to OP to complete the chain to allow the property to be sold.

They may be working with another offer, but will keep you hanging until the other offer Is final.Recently on a best and final request for small apartments I was offering on I gave an offer. 

Being able to carry out the framing, hanging board, general finishing, etc.