Also, if you're looking to get into a property with zero money down, you're either going to have to find a private investor, get a seller to do a carry back either as a 2nd or as primary financing, or try to get a Subject 2 deal. 

If you spend some $ marketing you might be able to purchase a property subject to the exiting mortgage.  

@David Stergiou  I think there is a pod cast on the subject.  

Search BP for "blanket mortgage release fee".If any are subject to an existing mortgage, do those separately issues that could arise don't need to effect your entire deal.Read the seller financing posts, get a "loan servicer" search that and read.

MLS, FSBO, Direct Marketing, Turnkey companies etc.Many factors make a property a good or bad rental.Good area is very subjective.

Greetings everyone, I am currently searching for an attorney that is familiar with subject to contracts, and\or purchase agreements in the central Ms area.

I am getting interested in out of state properties, but am just not educated enough on the subject to feel comfortable making the plunge. 

Subject Tos, Lease Options and other creative seller financing strategies.

(A) Activities of a foreign limited liability partnership that do not constitute transacting business for the purpose of section 1776.86 of the Revised Code include all of the following:..........(7) Creating or acquiring indebtedness, with or without a mortgage or other security interest in property;(8) Collecting debts or foreclosing mortgages or other security interests in property securing the debts, and holding, protecting, and maintaining property so acquired;What local was the subject property located in where you forced to do this?

@Trevor Sambrano What you are talking about is  a Subject To purchase.