I'm sure thats probably not legal but I'd bet it would be a huge legal mess to have to correct and some really tough sleepness nights waiting for things to get cleared up.Get the title insurance and get your sleep.

I can recommend Quest IRA, they have a couple of physical locations in Texas, but they can handle out of state issues as well.

It is rarely physical labor but most often it includes driving neighborhoods, looking up ownership records, making uncomfortable calls, etc.

This area didn't crash hard and has pretty much bounced back to or above previous highs so it isn't the worst bet in the world.Also if you are in it for the long haul in 20 years you can be making crazy amounts of money as rents go up and your payments are fixed, or get paid off.

I, for one, never mentioned getting physical.

You will not lose...it's like betting on green and green already came up.

I bet that your buyer on that one figured the ARV to be more like $130K and the repairs at closer to $10K (Assuming that your assessment of what needed to be done is close) and that gives you a MAO of just over $80K.It seems super unlikely you are presenting any deals that have $60K profit in them.

I bet we have a guru type business behind this, just guessing, teaching someone an approach to "help" people facing foreclosure.

I think the combo of having a good respectful tenant and a manager is your best bet.

Only because they didn't physically go onto ur rented property, especially if the area that the pics were taken from is the owners property.