You will also find many people do not distinguish between the Foreclosure and Power of Sale, though there are differences.The largest difference is when ownership of the property changes hands.

You don't know what you don't know until you've experienced it first hand.

I can count on one hand our tenants over the years who have consistently paid by the due date.

This sounds almost like a note rehab without notes exchanging hands - is this right?

Over the last 25 years, I have not had more than a handful of unexpected roof replacements.

Give me a call anytime you need a hand or advice.I looked at the property at that link and I'm not sure its the right one?

The MLS method is talking about works great, Direct Mailers have brought me some great success, you can also go to the court house steps auctions and hand out your business cards to the guys there and let them know what you are looking for and if their investor buys one of the fixer uppers by accident because they are typically site unseen that you are more than happy to take it off there hands, this works well and is another way to out source.

Some contractors will have the ability or staff on hand to do their own interior design, and some do not.

If I choose escrow I have an discussion before hand, if I have to go with the other party's escrow I hold back until I get the estimated hud and from that I can (somewhat) negotiate before closing.

They may hand the keys over or you might suggest a lockbox, what ever you decide, put it in the sale agreement.