Luckily BP was able to stop things on their end before they got out of control.... but my blog had to be shut down and any of my online accounts deleted.Reporting posts with my information and emails to their support staff went unanswered and my information was online for days before I finally got it down.  

If you aren't a fix and flipper, I wouldn't venture down that road because if you don't have the experience, things can get messy really fast.  

In terms of mortgage payments, stop them and the lender will take your home away.

I sold it seven years later for a $70,000 profit.Not too shabby for my first venture into investment properties!  

If you're pitching for venture capital sure, but for the most part it isn't needed.

Or you could find someone else on the same page and enter into a joint venture with them and share the cost.

Have a lawyer draw up a joint venture security deed - which is filed at the courthouse.

Good luck with your new venture! 

In escrow for a house which is rented.  According to seller renter had not been paying rent. Contract states that property is to be sold vacant and loan terms are owner occupied.  Buyer gave thirty day notice to tenan...

Even though you are trying to do the right thing, there is still a natural law of "survival of the fittest" - these "investors" will eventually either stop hiding and realize themselves they have been taken advantage of - or lose the home from city code violations,  or maybe a foreclosure forthcoming.