I wonder if the original poster follows Sharia law. 

As noted you will want a full inspection done on the following: roof, sewer lines (scoped by a licensed specialist), lead paint check (specialist), test for asbestos if you have popcorn ceilings.

I would guess if 100 people followed this plan, 90 wouldn’t make 1 month’s rent payment after they couldn’t rent it out.

Hit the list consistently and follow up until the deals are ripe and ready to go in the probate phase.

Two weeks later I had a tenant ready to accept the unit on the first of the following month. 

Thus far we haven't had any issues.So here is my question...if we do the following, do you all feel that we would covered for liability purposes if we write up a document stating the following?

The daughter never called me, I started chasing other leads and just never followed back up with the owner.

I am self-employed, so I was hoping to get a No Income Verification style loan (at least that's what it was called last time), where they look at your bank statements to make sure you have enough coming in to cover the mortgage, taxes, insurance, etc..Basic stat's are as follows:-Income roughly $5,300/mth in deposits (minimum)-No car loans-Current townhouse has been paid off for a few years-Have a couple commercial properties (one in my personal name ($300k ARV) - just purchased in June 2018, the other one ($300k ARV) owned in a corporate name for 3 years).

@Claudia Everett There are less and less foreclosure opportunities in NOVA, however you could follow many of the auction sites in the area. 

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.