I'll be honest in that I've never attempted to do either.

My plan is to contact them and attempt to do a short sale.

You can insure your interest in the property (definitely do so), but you can't attempt to enter the property.

Once you locate this missing person via a skip trace, how do you typically attempt to reach out to them?

Perhaps attempting to lease a unit while remodeling the majority of the building.

The more sellers or investors attempt to be more creative in drafting hybird transactions, the higher the probability is of such transaction or arrangement being illegal and/or unenforceable.

Equally scary is that no attempt was made by the plaintiffs to find a reasonable resolution and instead socked them with over a million in charges.Best of luck to you in OR.

That said, in the past I have noticed that these types of models are attempting to sell based on the cash flow of the asset and a bit of high pressure sales.

Being different, while attempting to avoid the necessary homework, and proving to be of no value and generally being a waste of time-sounds like a hell of a biz model!

If the home has not been auctioned on the court house steps why not simply enter into a purchase agreement with this lady and attempt to do a short sale, if that doesn't work then buy it on the courthouse steps if you are in a position to pay cash.