I'm basically ready to pull the trigger on something just don't have the avenue yet...

I would agree with the others that stated that they would not pull the trigger on this deal.

If you're getting 3+ calls per day you would probably have it rented quickly.Put together your pro forma and if the numbers make sense pull the trigger based on cash flow / cash on cash type metrics.The only question mark is whether you're planning to cater to a 12 month tenant or rather a seasonal expat tenant - you will need to be very careful with your vacancy rate given the nature of the location.  

Assuming you pull the trigger and buy from them, you are responsible for taking possession, which means the possibility of conviction by going through the court system.

If you convert the property to an investment property within the first year, it could trigger the due on sale clause. 

People think that Wall Street was greedy because they were "betting" on CMOs defaulting.I don't think the movie blames the default swaps,they were only options that would be triggered on 15% default of the security.It was the lax lending standards and the rating companies exchanging ratings for dollars,coupled with crazy derivatives that were being sold to institutional fund managers as safe investments.The movie even showed the consumers had a part in acting irresponsibly.Although the banks allowed it.The NINJ no income,no job loan is not a good idea it turns out. 

I think my excitement over posting my first question on the forum made me trigger happy and I did not clarify my original post.In no way did I plan to contact the seller personally on properties I've already seen.

Getting close to pulley the proverbial trigger.

You need to be confident in your research to "pull the trigger" on your first deal. 

If it's new to the market, you can't wait to long to pull the trigger.