Yes, they do take personal property, never heard of a note being taken and yes the value is almost always higher in the eyes of the owner and they get less.

I see the same opportunities today, as I just witnessed a $25,000 assignment fee without anyone blinking an eye (either lender, buyer, etc.).

Just like classic advertising, the more eyes on your product the better!

I'd love to chat about areas/cities that you and your wife have been eying. 

Are there certain key features to keep my eye out for besides making the numbers work?

If you become a Pro member there are also a lot of other forms including rental applications, pay or vacate notices, estoppel agreements, the list goes on.... in my eyes it's a solid investment to give you the tools to succeed right off the rip.Good luck man

I wouldn't do it unless you were 100% fluent, capable of handling time differences, and traveling there regularly to keep an eye on things.

Also, I'm not sure if it's because of FF, but the photos look warped and fish eyed.

I have been analyzing this deal for some time now but I need a set of experienced eyes to give unthought of advice. 

Also, being that this will be my first property, I have my eye on an est.6 unit for around 600,000$.