I'm furious at this point, not only for the financial loss but also for hours upon hours of wasted time and running in circles.So here is the entire point of my post and ultimately my question; In clear language on our executed contract, I have included "X LLC reserves the right to file an affidavit of memorandum on the property."

Especially in the investor game when physical property tours aren't really necessary to sell properties.

Purchase price: $380,000 Cash invested: $20,000Purchased the property off-market directly from the seller during Covid-19 pandemic after relocating home to CT from living in NYC.

I would just be careful if you have the right to the land as well, becasue some countries in Asia only will allow you to own the actual property. 

You have a right to maintain your property and the tenant must give you access.

Hello Everyone,I've had a few interesting conversations with investors and real estate agents this week, and it got me thinking more about the relationship between property managers and their clients.

I assume you're talking about buying the property at the foreclosure auction, if not then it would just be about getting ahold of the owner and seeing if they would sell it to you.If you are aiming to buy it at auction, this is a really good article to read: https://www.biggerpockets.com/blog/buying-house-auctionMost important thing is to make sure 1) you are buying the 1st mortgage and not a second and 2) make sure you know if there are any tax liens on it as those don't get wiped out in foreclosure.

Research potential markets, consider single-family homes and multi-unit properties, and network with experienced investors.

Interested in buying a rental property.

@Darrell Kirby no approval is necessary.go to: https://www.michigan.gov/mshda/rental/housing-choice-voucher...https://www.affordablehousing.com/list-your-property/