Our title company does not close any of our deals until they receive the "special assessment" reports which will outline any fees charged by DNS(dept. of neighborhood services) for code violation non-compliance, special work done around the property etc....

I refuse paying cash now at all, if they cannot not take my check for their services, I do not need them.  

Which is possible on most commercial deals, as the sellers are generally investors also.I run a full service, real estate, property management and investment company in Fall River and would love to jump on a quick call to discuss your goals.

@Bosko Mijatovic All I can say is there is something that happens psychologically with people when it comes to payment for service.

Is it possible to purchase REOs soon after the loan servicer has taken possession, but before it hits the general public?

If it rented for $1,900 combined, 50% would be $950 but your debt service is $1,300 a month.

Andrew - we will be a nationwide listing service.

I have enough in life and business to worry about to have one more thing to do.I'm sure other options can be just as easy, but it's nice that it's a service tailored to renters and landlords. 

To start any service business you shouldn't need too much start up capital.

The problematic parts did not pass.Interestingly, I would guess your tenants may lose out in the end not having a focused, hands on owner/landlord able to give great service to 8 units.