Maybe college students-- but if they are going to be paying $1,000, they may want a newer place with pool, exercise equipment. 

We have tax levy sales and redemption periods of 1 year before right to foreclosure can be exercised. 

Fences, window bars, enhanced door locks, cameras and security lights are all options.

New Investor in Florida looking to fund my first property that I will exercise the BRRRR method on.

The dogs are sweet most of the time but they require strong pack leadership, a ton of exercise and can be triggered suddenly and without warning.

That way you know you can duplicate or (with enhancements) do even better.

*(You must be able to provide insurance & have the knowledge to direct subcontractors to exercise this option effectively )Hope this helps JP

Maybe private money and/or bank portfolio loans have different requirements.This concept is an academic exercise as far as I'm concerned, I wouldn't do it nor do I recommend anybody else do it. 

Not taxable until exercised or forfeited.

Assuming the following, I don’t understand why the bank would care..1) I have 10-15% of my own capital in2) they have 80% LTV3) debt service and all other relevant ratios are in good order If my note with the seller gets forgiven it only enhances the banks position.