In states that use trust deeds the lender does have the option to use the judicial process to foreclose rather than just seek a trust deed sale.

I need to know the numbers before I can say for sure, but I suggest you seek a second opinion before proceeding.Regards,Scott Miller

We flip the majority but also seek investors to take some off our hands..

I have no emotional attachment.This puts me back to Square 1 and I will no doubt come again seeking further advice, and welcome all Naysayers of course.

The signed walk thru sheet is also critical.Then, if you think there will be a dispute or you need to seek damages, take pictures when the tenent moves out.

If you are seeking to finance the transaction a good mortgage company should be able to facilitate the transaction for you.Good luck on your transaction

I didn't make any money but learned plenty.My current plan is to seek out a real estate developer / investor in the Destin, FL area for whom to work.

It appears that Alice has drawn up a few posts from the dead -- both of which have offered an opportunity to advise that the users seeking money pay for training -- take from that what you will.

Now you may find somethimes that what you seek is right under your nose just keep looking 8) !

When you are all done send the son and the dad a bill and after about a week make a nice call to the dad and let him know you haven't been paid and would be going to small claims court to seek payment from him and his son.