They stay in control of their loans and you win loyal investors/private lenders.

Are you simply observing things from afar now, or have your aspirations to invest in real estate returned? 

. - Just FYI, the lender we refer clients to does a "Desktop Pre-Approval"  which simply means they pre approve you once all your documents and necessary paperwork has been submitted to them. 

@Patrick Britton I am a huge fan of local banks, and would recommend simply calling every local bank in the area and pitching the loan to them.

While it is theoretically possible, it is also theoretically possible to buy one lottery ticket and win the largest Powerball payout ever. 

Time can be the difference between winning and losing a deal.

.:1 man army or husband wife setting up a PM shop can be a bad idea The other problem with that, as a small client of a small PM shop, it is quite simply not enough money to move the needle. 

Assuming your state codes allow you can simply give notice to non renew any tennat that does not comply.Raise there rents, replacethem, do as you please.All completely dependant on your state codes that you must learn asap. 

I've bought tons of houses pre-foreclosure, at sheriff sale, from the mls, etc. and every single time I win a competitive bid I still have a fleeting thought go through my head - "what did I miss?"

Simply view the preparatory time as part of your investment in your future. 95% of the indivulaes in your position fail because they view real estate investing as a way to go from zero to success....this is not realistic, you need cash and a solid income if you hope to increase your odds of success.