While the latter will not be protected by the federal government, the feds could intervene and prevent foreclosures by mandating adjustments to mortgages (i.e., through forbearance agreements, loan modifications, extensions, etc.) thereby limiting an increase in inventory levels, and keeping the supply low.Moving ForwardThis is the type of market that can scare some real estate investors if they aren’t patient, not diversified, and/or have limited experience.

You solve collection problems if you ever move and you prevent your tenants from having your home address. 

It had distressed sellers, had major issues that prevented buyers with loans from bidding.

It had distressed sellers, had major issues that prevented buyers with loans from bidding.

Smarter people than me have already recommended a POA, which seems like the best way to prevent this from happening again.

I purchased a property at the tax sale in Alabama. I found out the owners are deceased and I don’t know who the heirs are. I got a call from Innotion Enterprises saying that they need documentation from me about the t...

Hoarders can be difficult to move -- they tend to have personality traits that prevent them from committing to change.  

Are there any other forms that I need to be aware of or any action I must take to prevent any lawsuit?

Both Seller and i would prefer if I address them after closing, but I'm wondering if the issues would prevent a conventional loan from being a possibility:The deck is definitely unsafe and needs to be torn down.There are three moldy ceiling tiles in a storage room that is NOT part of the heated living areaThere is some water damage in one of the basement bedroomsThere is some evidence of some termite damage in one room but appears to be inactive/not extensive.Does this sound like a conventional loan, as-is sale deal killer? 

That will prevent some confusion with your loan officer.