The responses to your thread have been extremely helpful.

If all goes well, I'm sure we could do the same deal again on a different property.Any reason not to pull the trigger on this one?

I am having extreme difficulty figuring things out when analyzing the market. 

She was extremely nice and from what she shared, I know that they're both old and not in good enough health to upkeep the property.

The mortgage holders are going to pay the HOA in virtually every case, and it's extremely rare that they would 'wipe out' the mortgage.

The Chiefs have an extremely bright future with their current football team.

I am at the point now where I have learned as much as I can by myself and I was about to pull the trigger on heavily investing in a mentor so that I can begin investing with the proper support however I came across this article:https://www.rtitlegroup.com/bl...My strategy was going to be to acquire SFH's with owner financing and sell them on a wrap, making money on the down payment, interest spread and monthly payment spread.  

The realtor knows I'm good for repeat business, and I pull the trigger when a deal makes sense.

So to your last question...again it will depend on your DTI.If you are planning to add a flip to the mix, just run with a hard-money lender; they are not going to be too concerned with your DTI in that case; the asset backs the loan.The best thing you can do if you have a refi or two coming up is to keep in constant contact with your lender and ask them if you are going to be in a tight spot before pulling the trigger on the next deal. 

This detail makes a big difference for a full home re-wire.One should be concerned with the extremely low bids and the highest bids.