I'm learning a lot since I discovered this site.

Is there a way to get a warranty to protect me if something is discovered?

Last thing you want is to have them come out and discover dry soils and void your warranty.

I am going to step on this place HARD.I am an American citizen, and will not tolorate anyone spitting on the Constitution as these HOAs are doing.This is the kind of governance you would expect in a third world country; no checks and balances, no free press, no independant judiciary, a single party political system which counts their own ballots in secret.....I mean come on!

One is impossible, the other very hard.If you find a house and then try to find that exact loan for sale, it is impossible.If you shop for loans that are for sale, find one and then research it and discover the house/deal is right, it can be done.

But after that you discover you own a property that still needs work, that can only be rented for a lower rent than you expect and that you can't sell without a big loss.

Foundation, Flooding, Fire Damage), discovered by a previous buyer inspection, would they be obligated to disclose this problem to a new buyer?

Some landlords will be happy to give you info, while others won't, don't worry about the secretive ones, just talk to the others.

Congrats on your 1,000 post, that is quite an accomplishment.As far as your note question, I look at the purchase price compared to value, how much the borrower placed down, what year the loan was generated and by who, does it come with reps and warranties (something I newly discovered), condition of security (property), borrower's pay history (performing, not performing, re-performing, how many payments made, credit scores, etc), and area only matters to me that it is not on the downslope of value.

Okay Will, here is my super secret, magic bullet, never fail marketing piece.