As you can imagine this scenario costs several times the amount of the initial investment. 

I haven't used it, but I can't imagine it would be particularly helpful since REO's are almost always listed and if it's gathering data on notices of default, those sources are usually late and you can find it much more quickly by going to the county's website.

Through the entire process, she threatened to sue me probably a dozen or more times for the most frivolous and unfounded reasons imaginable.

Felix, honestly I find renters have so little imagination about what it will be in the "after" version that I would wait until it is ready to start showing and marketing.

I'd imagine you should just start making calls to banks and ask them.That said, one of the things that drives me crazy about BPO agents from an investor point of view is that they are often green, like you, do not know the market and way over estimate the value of a house.  

I would imagine that your broker could help you with that. 

Tons of good info on here on anything and everything you can imagine!

I have done projects ranging from single family fix and flips to developing a 72 unit luxury town home community, and every imaginable strategy in between.

I can't imagine there is a law against that.

You will have to change title to a person or persons.If you are buying the property I would imagine that the seller would no longer have a beneficial interest.