I'd be very interested in finding this person and possibly taking this property off their hands.If anyone has any experience with this or any advice and/or warnings/words of caution of how to proceed with this type of situation, I'd love to hear from you.

@Guy Gimenez Thanks for the warning!

Grrrr...You pretty well got it, if it's a local bank, or even if not, I'd have the wife call and give the bank a warning shot, inform them of what's going on, especially if payments are late.

The county web-site has a lot of warnings about the risks of these foreclosures.How big are the title risks on these properties and what is the best way to research them to assure myself of a clean title?

The advantage of going to court and being victorious is that the judgment will impact their credit and warn other landlords.You will also want to find out what the judges are like in your county.

@Tim Zajiceki am in contract on a six apt bldg in southern ca but primarily two to three bedroom units.i was warned by a multi family investor to have as less a one bedroom units since the renters keep on moving once their families become larger. he advised me to concentrate on two bedrooms and three bedrooms.just my 0.02 centsEven on SFR my min criteria is 3/2

i see your first deal was a 4-unit you bought with FHA. i was having this discussion just two hours ago with my better half. we missed the opportunity on a 3-unit but are actively looking. do you have any warnings or suggestions  ? 

And if they do somehow get accepted, the buyer hasnt even stepped foot in the property and will bail on the contract most of the time which really pisses of agents and asset managers.I wouldnt say there is a 'blacklist', because thats illegal, but there are agents who will warn the AM if the pray and spray buyer is a flake.

In the end it resulted to a warning from the citt because of the trash pile in the backyard.

I've warned him several times that if this elderly couple pass away their adult heirs in this country will inherit the house but he never responds.