I have a good friend involved in Cary real estate and I went to App.

If you guys paid cash for the property & want to avoid borrowing funds, but need money to pay the contractor & start producing income, then you could possibly do a lease option (aka rent to own) allowing the tenant/ buyer to choose design elements or have input on the design (so that they feel they're getting some kind of customization & added value), this would be of course AFTER collecting an NROC fee, (Non-Refundable Option Consideration - not a down payment but gives them the right to purchase at a future date - usually 3-5 yrs) typically anywhere between 5%- 10% of the market value of the property.

When both parties are stable or competent yes lol His soon to be ex-Wife is a drug addict and alcoholic. the property is now with a realtor to be sold and she will change showing dates or say she is not available etc. making it very difficult .

I'm asking the second question because when I called on other properties, I was told that they cannot "confidential information"....if  however there is a Lien recorded doesn't if become public record where they would have to disclose the full amount to the present date (or just up to the amount noted on the older recording). 

The FHA loan program DOES restrict what an FHA mortgage will buy in such cases--you may not be able to purchase a home with an FHA mortgage unless it has been owned for a certain amount of time and the seller is the owner of record.Dina Boscio: (This would make it hard to flip and sell to FHA Buyer...But there is a work around)FHA loan rules in HUD 4000.1 state that the lender is required to verify that the seller is indeed the owner, and also to check the date of the owner’s acquisition of the real estateFHA Loan Rules Include a Time Restriction on Transfers of Title Check out what HUD 4000.1 says about buying real estate with an FHA mortgage and the lender’s requirement to compare the date of purchase by the current owner versus the date of execution on the sales contract for the FHA mortgage:“FHA defines the seller’s date of acquisition as the date the seller acquired legal ownership of that Property.

Collecting paystubs and W2s seem pretty reasonable but then there are other requests that leave you scratching your head.My recent favorite is "we need a witten explanation how you have bought so many houses with it signed and dated at the botrom"Share your most rediculous underwriter requests.

My listening strategy was to listen to the first 50 in order to get a grasp on all topics then I moved to the end and started listening in reverse order to catch the more up to date info.

Today was supposed to be the final walk through, and tomorrow was the closing date.

Setup the IF-THEN App for mobile homes, start moving.  

He seems to find a good deal no matter what.You might want to give a look at local monthly meetups (one in Mission Viejo and one in Yorba Linda).Also, might want to look at Fund2Flip app.