@Jason DiClementeIt's just something I came across and got an Opportunity to hear some of the terms it has a 5 year Balloon loan so yes you are correct

The only reason this became a problem for me to decide was because i have been recently given the opportunity to become a manager of the store which would be a good pay raise from what i am making now.

Seems like a great opportunity in my eyes because it’s so close to the school, but I’m not too familiar with the area in regards to the renter market. 

I know a group of investors in the Atlanta area and there area a LOT of opportunities near you!

@Claudia Everett There are less and less foreclosure opportunities in NOVA, however you could follow many of the auction sites in the area. 

@Darvin EzellQ1- Yes, to title immediately to get the workup completed- you need to verify clear and insurable titleQ2- To the title company to hold in escrowQ3- This is a one-shot deal...it's your opportunity to exit the contract based on findingsQ4- To title (based on your question)

@Joshua Lee Wegner you can't stop the train if this is slated for sheriff sale...unless there is a redemption opportunity...but you'd need to settle the property owners debt to bring the mortgage current...this doesn't sound like there is any opportunity to acquire this property...it's too late...the only opportunity with these is to negotiate with the lender...sell it short , maybe...have you spoken to the lender? 

Could be a good opportunity to meet some new local people.

I haven't focused much on investment property in the past, and I am seeking opportunity to drastically change paths into this arena now.With that said, I was negotiating a deal with a seller recently, and then halfway through the negotiations he said a hard money deal wouldn't work out.

Roman, Parkside has some good opportunity, but like any neighborhood in Philadelphia it varies block by block.