Just apply the same logic you applied when you moved somewhere..... to the rental.You probably picked an area that best fit your needs, right?

Anyone see any flaws to that logic (other than the obvious potentially dead furnace)?

Considering all funds are going to senior holder, it seems logical that the two banks would negotiate in order to complete approval process.Is that how things go?

I know logic says that they can’t take a House for free, but I cannot find any info or wording regarding paying back a new owner.They always say you cannot sell such a property within 120 days because title won’t insure it, but I wasn’t sure if that was only because the possibility of a redemption for the auction price, or if there was some rule or law that made a transfer illegal or a very bad idea.

.,  in order to find tenants and get a high appraisal on it so he can recover his rehab money, LOGIC story righteventually, nothing like that happened and he is fooling around never ever talked to me again after siging the contract and I call his title company and they never respond or every have this property set for search nor a contract or escrow money ..., then I get to talk to them when I sent a cancellation letter, they answered and said we are not obligated nor the buyer to tell you anything or when we want to work on the title or what we will do in the propertyIf you were in my shoes what do you think of this guy and his people, plus the property listed with a whole different brokerage does not even have a website or address who is the bad guy then ?!!!

If it is purely about the numbers you use for every other property... allocations or %'s are the same, I don't see how you can't use that logic here. 

All of this sounds logical, and I will take your advice and talk to an attorney who specializes in this area.

That said, not everyone is a good troubleshooter, that takes a certain logical mindset to take in all the aspects of the situation, filter it through your mental database, and come up with the answer.

Decisions based on emotion and not business logic will cause you to make mistakes every time.

I can't take the same logic I use to design a small 1200 sf SFR and apply it the a mansion that is 12,000 sf.