For a Lawyer I would call Mark Warkentin For an accountant I would call Navaz Murji CGA Murji & Associates I'm not sure about their geograhic expernice but I do know they work with a lot of real estate investors and could point you in the right direction.

You can pre-decide the many options, or let the new home buyers work through some of it, since they are the ones who will have to live with the association.

All costs associated with the dewinterization and utilities are the responsibility of the buyers.

There were other sellers that I felt weren't, I'll say "on top of it" or unique situations where I wanted more assurance of control.The contractor did about 60 or so homes (he finally got smarter, made enough money to do things on his own) and set up his own operation and branched out as well.Risks, if you don't know what you're doing you can lose, need to do the same assessments as if you bought the house, so there are those issues.The only risk associated with the owner is dying or being unable to continue, that's really only a holding cost or time matter as that can be managed.Never had an owner try to pull out, a few lost interest, but none backed out.

(There are over 40 LLC's associated with him).So if I was to buy the property at the foreclosure, would it still be considered part of the law suit attachment?

I will be doing around 7000 $ in "repairs" and "improvements" as well as other associated costs.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings and the local landlord association meeting great place to meet people gather resources and info.Vacation rentals can be a huge profit center.

I personally know of a very active investor, he is a friend and business associate (not the one you are referring to, although chances are I know him too) who did exactly what you are describing.

@Justin Maynard,Don't give up.I've been going to the local Reia Meeting for 4+ years, and have handed out plenty of Business Cards.I would say, maybe 1 out of 20 people have become Associates, via those Business Cards.Keep on networking, it will eventually pay off.Raymond

I hope to transfer to Houston Galveston, TX area next summer.My association to real estate: 1.