At the same time, the abuses these statutes were designed to prevent are quite real, so a strong argument remains to keep them in place.

Any senior liens remain in place, and the buyer essentially gets it "subject to" the senior liens.

It's just so strange to me to see people buying rentals that won't cash flow, or buying flippers that remain on the market for months.

It was very difficult for me to remain optimistic about being an investor/landlord.Our second tenants were perfect.

The fact remains, they will not get a deficiency judgment after a short sale automatically.

These studies have created a hypothesis about the markets being efficient.Fortunately for the rest of us, the efficient market hypothesis seems to be valid for 99.9% of investors but not for the remaining few.

My contractor poured it while it was raining and then covered part of the patio with plastic sheeting, while allowing other parts not affected by rain to remain uncovered.

If you absolutely want a work-around for the 90/120% FNMA REO Clause (#14 I think):Use an LLC to purchase the FNMA home.Then just sell the LLC - whenever you want to - in that 90 day period.Using an LLC provides additional layers of protection and, perhaps most importantly, the property runs with the LLC, so that clause #14 is not compromised.I highly recommend including a disclosure, for YOUR buyer to sign, that clearly outlines that the property may NOT be sold, out of that LLC, for the remaining period of the original 90 days/buyer cannot borrow more than 120% of the original purchase price from FNMA for the remainder of that 90 day period.The LLC ?

Initially the remaining tenants in unit 2 said they were not going to pay the entire rent, but now they say they will.

You may initially think the price were paying is high, but the original loan was only 55% LTV and the collateral itself has not lost much if any value as NYC multifamily market has remained strong.