You likely signed a document at closing that says if you owe any more money that was missed you are still liable and will make appropriate payment to appropriate individual or entity.

BP and the community has exponentially increased my motivation and knowledge with real estate investing.

There could be interest only years within those terms or it can be a hybrid product as you mentioned. 

The definition of accredited investor will be updated to include "an individual determined by the Securities and Exchange Commission (SEC) to have qualifying education or experience."

The most thorough checklist will be hiring a property inspector to check each unit individually.

But it's not unusual for motivated sellers to offer zero down and 1-2% interest.

(This would be a nice product to maintain for everyone's use BTW...:) )

Seems like a lot of extra work before you know if you're dealing with a motivated seller.

Hi Dan - I had never heard of this mortgage product - thanks for the tip.

I think the coming generation will implement and figure out cost saving ways to keep buildings in good shape with an ever decreasing construction pool of workers.Many in construction are attempting to introduce construction jobs to more young people but they fail to realize the product is the issue and not the marketing.We have to implement technology.