But is this not in a big way defrauding banks  lenders or property owners managers when they pull credit on this person. 

Currently interested in north Dallas area, Ohio, and properties offered by REI Nation.

To illustrate:You inherit a property today that your relative/friend bought 10 years ago for 100k.

They should keep detailed records, including photos of damaged property, repair estimates, and receipts for items like cars and appliances.

There's also getting a job as a property manager.

I am trying to see if I should just try to find a cash buyer who wants to hold the property and I could either finish the work as part of the deal or offer it at a reduced price for them to finish...my other option is to try to do a cash-out refinance since we have done a significant amount of work, can I still get a semi accurate appraisal without the entire work being complete.

For those of you experienced in finding undervalued properties, what are the biggest risks and rewards you've encountered?

I recently had a total loss fire in one of my rental properties.

It’s illegal to sell a property with a loan on it3.

Sounds like your property is either being poorly marketed.Or you are overpriced and are letting your ownership bias blind you to that.