Great company and local operation that does things right.Toledo is notorious for bad operators especially when it comes to contractors so the BRRR approach when investing out of state can end up in disaster.Just had a 1hr call with an investor that was going to purchase a property for cash and site unseen.A "reputable" realtor in town influenced him to buy without doing an inspection.Just by looking at the photo's, we could see a lot of problems with the property.Stay diligent and focus more on the people rather then the deals themselves.Much success 

Isn't Florida notorious for sinking houses?

A party claiming land by adverse possession must prove that he or his predecessors had exclusive, continuous possession of the disputed land for at least 21 years and that the possession was open, notorious and adverse to the legal title holder.

And as @Jay Hinrichs mentions, in some states the borrower can reinstate and you become the owner of a paying (or in many cases, a non-paying note again) and you need to start the foreclosure process all over again.It sounds like you may have a tape from Kondaur, they are notorious for taking their loans right up to the foreclosure then dispose of them. 

There are certain neighborhoods that have notoriously bad foundation issues due to the soil composition.

The listing agent is telling my client that they need to measure the property before they list it and said that the county property can not be used to determine the sqft of the property as it's notoriously wrong.

Anyone reading, if you’re going to be buying a property from us and selling within 1-2 years, you will most likely lose money with all of the exit fees associated.It’s not worth your time, risk or money so DON’T DO IT.Although we have seen a lot of growth over the last couple of years, our market is notoriously known to lag behind all of the other markets that have a much higher demand and capital appreciation on a yearly basis. 

As others have commented - DSCR Loans tend to be a great solution for people in your exact scenario - fed up and tired of giant hassle and paperwork for conventional or bank financing - not worth the often pretty small benefit in rate or terms.Check out this article I published last year on BiggerPockets on what to expect documentation wise for DSCR Loans - they have become a nice blend between solid underwriting and doc sets needed, but not too much (and not too little like notorious "no doc" loans)https://www.biggerpockets.com/blog/what-documents-do-you-nee...

Unfortunately, plumbers are notorious for being very ignorant and notorious for ripping off their customers.

In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music).