Even if I approached all of the folks cited in the amendment or went door-to-door how would I know who is authorized to put something in writing if the lady that is the representative is not of sound mind?

I really hope to bring a kind of old school approach of sitting down face to face with owners, with no intermediaries or buffers.

Your best approach on this is to buy the note, if the borrower works with you and requests the lender sell the note as a payoff, that's the best way to go.

Since there are only two, with that approach you drop the biggest income and see if the other qualifies alone.

By the way, if this approach IS valid, is this something flippers do/like to do/don't like?

I think if your married you might have a wife with a different doc as well so there is another approach have her drop your cards on her contacts and so on you get my drift.

Anyway, in getting the family involved or aware, make sure you don't make it appear that you need the family's approval for the deal, that will insult the owner as not being in charge of his own affairs.Best approach is to ask about family, what the kids do now, just be friendly and ask what they think of him selling the place.

WOW Najeeb, that's incredible!!!

Although I'm looking into looking at entering the market soon, I actually had this discussion with a friend of mine and he was wowndering what he should do with his capital and how to approach his first deal or two.

It sounds like you have a good plan to approach starting a real estate business...understanding the fundamentals and your local market will make you a much better investor.