http://www.wxyz.com/news/detroit-homes-selling-on-ebay-for-cheap-bargain-or-bustWorthless properties that will be money pits and headaches

You will have to sign documents stating you will live in the home and if you dont you can get in real trouble.  

Better news yet- the owner who still held the mortgage asked us to pay early in exchange for a discount on the remaining balance of the mortgage.

BP,I came across the following news article at: http://thinkprogress.org/justice/2015/04/02/364225...In summary, a Wisconsin landlord is holding a young tenant liable for the cleanup of bio-HAZMAT from when the police shot and killed a friend of the tenant who was staying at the apartment.I'm curious for BP's thoughts on what is the correct way to handle this situation.

And of course, that's according to CA law and not Arizona law or whatever state law applies to the OP's property.IMO, this was the best summary of property manager requirements in CA:  http://www.kts-law.com/documents/200862165051231.p...If the OP is considering management, he definitely needs to first check the applicable state laws.

They don't register condo documents of this nature with the County.

Also related and interesting news, Airbnb is now in Cuba.  

As long as you're forthcoming on your seller disclosures and can provide professional documentation for the remediation you should be fine. 

The short sale documents will contain an Arms Length Affidavit stating there are no agreements between the two of you, and specifically that the owner can't rent the house back.  

Data issues can lead to document issues.