Courts move super slow.

Offer to be the guy that restores the old family property to it's former glory and all....Still it'll be hard to not look greedy because you do want to make money after all.....main thing to me is being super PATIENT.

Imagine if you had one single-family home.

Many investors are doing it every single day.

In the example you outlined and in the case of what a lot of people are doing right now (super high LTV underlying, negative equity on wrap, 100% financing for the buyer, low note rate, etc), then no, this wont work, primarily because whomever created the wrap note is either an idiot or a fraud.  

My wife and I own a single-family home in a top school district.

Yeah they have done a super good job up here and the local projects might make the prices go up some but it seems like a decent place for some long term rentals. 

No single, long vanity lights or mirrors!

I have helped several investors recently acquire single family homes around the $400K price point that rent in the $2,200-$2,350 range.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!