Helen you should listen to David's advice unless you want to trip over dollars trying to pick up pennies.You could get BURNED not doing proper due diligence.  

The fines for that are steep and the possibility of you getting burned should you bring a buyer to the tale are immense.

Burn after reading: Sounds like you need a new broker.

The second thing (that more people know about) is you can call your local fire department and they will burn down your home to use it for training.

@Ryan Cartier this is always the burning question for people trying to buy and hold who use HELOCs.  

You may find doing 3 or 4 day minimums may reduce turnover burn out.

Someone out of state (like from Irvine or San Diego) that doesn't know what raw land trades for can get burned.  

Worst case scenario is that he burns down apartment due to leaving stove on or burning food.

They have a job loss, or are being transferred or have bought a second house and can't afford both, or are in a divorce, or have inherited a house and can't make the payments or are downsizing or are upsizing or are going into assisted living or have been given a new military assignment, or own a house and have gotten married and don't need two houses or are a burned out landlord (they tried "Buy & Hold" and they don't like that type of investment) or they don't like the heat in the summer and want to move or they don't like the cold in the winter and want to move or they miss their family "back home" and it goes on and on.

Don't get burned, because once you're in - rehab costs are what they are.