Evening all - wondering if anyone can toss in their two cents on any obstacles that you may run into when requesting a loan with freshly repaired (previously damaged) credit (satisfied in full judgements & collections)?

As providing furnishings and carrying costs for the short term side, is another obstacle.

I have a tenant who has just moved in. Her

I have been following the MLS in my area to understand how fast single family and multi-family properties sell, as well as understanding what type of property I would want to invest in.  Here

Seller assured me up front there were no title issues or liens and we just had to wait for the attorney to finish the process to get title in her name.

Here are some ideas that I have (I didn't include a lease option in here here because I want to be the deed holder to be able to do the rehab and potentially resell; Also, a 1031 exchange is out the window because he doesn't want to own property anymore):1) Can we assume the $150,000 mortgage and then put the remaining $100,000 in a structured sale?

My grandpa died last year at 90 self managing 13 single family homes and I think he worked only a few hours a month at it.Hope something in here helped. 

What are some of the obstacles holding you back?

Paying your dues to be successful is not a race to the finish line, it is more a road trip with unforeseen obstacles not yet obvious that you have to deal with properly.  

An investment has a set of cash flows and returns that are inherent to the asset itself.