The lis pendens would be the key to me because if the owner isn't offering anything I think they very well would negotiate once a lis pendens is filed against the property. 2.

The Cosigner Agreement states they are financially responsible, all communication will take place through the actual occupants, I don't deal with helicopter parents, they are responsible for payment of rent as well as any cleaning/repairs after termination, etc.Don't forget it's not easy to sue a cosigner if they live in another county.  

It certainly sounds like you're setting yourself up for success!

Passive income is important but future value is as well and it seems to me that Red Lodge Mt is the winner that regard.

It sounds like you'll have well over $100K into it, between down payment and closing costs - is that accurate?

If you want to learn about other markets as well, check out Columbus OH.

Susan, hopefully by now you've locked up a property or two and things are going well!

Also I have been trying to find new videos by Alan Kendall, he has disappeared as well as his website. 

Remember to set clear goals and make informed decisions.

Do your research well in advance of attempting one and make sure you can afford to lose some money, especially on the first one.