Also, I am currently attempting my first "live in" flip with a good buddy.

Low income tenants were very difficult to deal with, because they simply didn't have savings and any emergency resulted in them using rent money, with the idea that they'll catch up before the eviction was finalized.

Through a resource, I saw this was headed to foreclosure and from what I understand I could have gone to the home owner and attempted to settle any payments (mortgage, tax, etc) to obtain ownership.

We are attempting to do as much per-work as possible before the clock starts ticking.

None of them have assumed responsibility for the property and all attempts to reach them have failed.

After going back and forth on getting my real estate license, I have decided to attempt wholesaling!

I don’t do ACV right now simply because the cost difference is so minimal. 

Meetup.com and BP are simply ways you advertise it. 

@Neil Aggarwal Pretty much all vendors in the industry use "Preforeclosure" to mean the period of time between the notice of default and notice of trustee sale in non-judicial foreclosure, or between the lis pendens and the notice of sale in judicial states (with some state to state variation thanks to things like combo notices).For the period you mention, during which the owner is simply late on their payments, those are called "mortgage late" leads or 30/60/90 day late leads.

Can we simply add him onto my account as joint holder in order for him to have proof of funds to close A.S.A.P and not run the risk of loosing the property?