So I am searching for financing for a Duplex i am interested in and found Luxury Mortgage. They have an "Investor Cash flow" mortgage where they basically use the cash flow from the investment property, your credit sc...

If I purchase this property at sheriff's sale, will any heirs have a claim against it if they ever open the succession?

@Cherrell Thomas cash flow is the profit that's left after debt service, property taxes, property management, common utilities (if any), reserves for repairs (small things like leaky faucets, AC servicing, etc), and capital expenditures or capEx (larger things like a new roof,new HVAC, major plumbing overhaul...these are treated differently on taxes, written off over a specified longer period) and other expenses.The first item I mentioned, debt service, is where the answer to your question is.

The very experienced are often working on larger deals anyways.Good luck.

As you found, a rejected application because of your bad referral means you are stuck with the tenant.Eventually though they will only be able to rent to folks who don't screen, and those are usually the worst places who don't care about bullet holes and pests and rodents and code violations.Don't ever stop your eviction process until they are out of the property and you have keys in hand and have assessed all the damages.

I have five townhome condos in addition to a triplex and a larger MF.

Which is fine with me I have have these machines for.. near ever.

Raw land typically has no permits, utilities, etc...the land has to be "developed" with these things before you ever build on it. 

Nobody should ever put down so much money prior to any work being done.

I guess I will do as David suggested, record him on my phone if he ever goes bananas again. thanks again