Thanks again for all of your responses, I think the most prudent choice at this point is to simply educate myself thoroughly before starting anything involving real money; thanks for the suggestions I think I will look into getting an RE license as a starting point, as the education would prove beneficial at a fairly reasonable cost while allowing access to the MLS.

They have two choices.

Just thought I would drop you a line to say that I am happy for you, because you have made some very wise choices.

Your distressed owner has basically two choices, he can take your offer for cash or wait for the auction and lose everything.

I was divorced in 2010 and left with an upside down mortgage I couldn't afford ( I took it on by choice), which I "house hack" by renting 2 of my 3 bedrooms out.  

German shepherds are on my restricted breeds list (but of my choice not because of an insurance requirement).At this point there is no proof of them being service animals but I am wondering what is the legal response?

That way if the tenant exercises his option and takes title you have a choice if you want to continue the loan or not.

Siobhan Colwell Adobe Title and Stuart Title are good choices to consider.

This may not be the best choice for investing (depending on your goals). 

I see no choice but to but it, because I'll own the whole building.