Heath,Just want to take the opportunity to jump in here and vouch for Travis - he's a great guy to know in NW Florida and he's easy to communicate with and responsive. 

My main thing is having someone who keeps that line of communication open, keeping me informed on what's going on at all times.

Well there's nothing legally holding you back from calling them and telling them the rent will be higher, although some or all of them may not want the place at the higher rent.

For example, your note buyer handles everything, including paying for and communication with the attorney doing the foreclosure and you agree how the proceeds from sale are divided upOf course, from a practical standpoint, forcing the liquidation of your 2nd mortgages may result in the property "reverting" to the note holder. 

It applies to individual duplexes or all together.  

I truly believe that communication sells house.

I know that there are real estate groups out there, but I thought that this would be a good idea for some of us that want to improve, exchange ideas and have a more direct communication with each other, without leaving the comfort of our house.So my idea is to connect with other Florida real estate investors, and analyze 2-3 potential deals that we are considering through a conference call.

I had such case as well :)))the average rent was $700-750 and one tenant was at $550He started our communication with complaining that previous landlord increased his rent two times already $50 each time after they took over this property 7 yo or so.

Tasks can be assigned to other people, comments get automatically communicated, it's awesome.This is also great for developing your process and sticking to it.

Some or all of the closing cost can be negotiated from the seller.