Reps from the bank recently stopped by and said that because of the default on payments it would be going into foreclosure, but I know this process can be a lengthy one.

Currently I work for a Fortune 500 company, called tech data, as a sales rep.

I spent quite a bit of time with various reps at PenFed and they all agreed, max is three investment properties they will allow HELOCs.

I asked the customer rep what protects me if a tenant calls and says they moved but actually are on my dime; and they said oh there is no protection. 

However, I am looking to augment my current income as a software sales rep (S.A.A.S).

I would like to speak with the owner or rep by phone.

If you have some questions on anything feel free to call Boo or Logan at our office - those two guys can answer any questions you have to make sure you're getting involved in the right program for you :) And don't worry - they're not your typical commission hungry sales reps, John pays them hefty salaries and they know their  biggest priority is to find out what each person actually needs and see how we can help them so you won't be pressured into anything.

this is tricky, it tends to be a case by broker-case basis, and only a handful of brokers control the bank-owned..yikes......i forgot if the agent can rep. the bank and you, there in NC, if you make offer..Just thinking out-loud and opinion, not telling you what to do, dont know your plan (hold, flip, or your funding):  ...get over there, with a property preservation buddy, assess the repair and upgrades, (unless its already pretty perfect or you feel the agent can give you some accurate idea)...ask agent what he/she can sell for in good condition, confirm.. then factor arv, repairs needed, make offer with 10 day due diiigence professional inspection......are you offering an almost full retail-market priced forclosure anyway, then are you going to hold it for cash flow? 

NYC also recognizes 1031 at the state level also so a San Diego company like Exeter with @Lauren Speidel as sales rep can absolutely handle your exchange.

If crime and safety are issues, then work on helping neighbors communicate better.If the area is safe but burdened with a bad rep, the work on promotion.If the area is doing fine but abandoned, then make sure good news storied get picked up in local media.I wrote an entire book on the topic.