After speaking with several reps at Auction.com, they assured me that their instructions from the bank are that all liens will be cleared at closing.  

This is cleverly hidden in the listing.Clearly, besides the fact that that property is overpriced on bogus numbers, it is a pretty deadbeat move that hurts this business.

A "leach" is one who better understands what goes on, offers to "help" and give instruction to the newbie. 

Rick's experience with probate investing may be instructive.

No Hidden fees: Transparency is our priority.

I don't have the capital to be a cash buyer unless I took money out against my primary residence which I would prefer not to do.Really trying to figure out where I am missing the boat, so I appreciate any feedback.1. every city has its own hidden default cap rate every year2. as new money being printed, home price going up3. the more it's going up, the harder it is for a new investor or first-time home buyer to catch up with price.4. cap rate could only decrease every year, it may increase only by 0.5%which means5. if your city cap rate is below a certain value,best stratey is for a flat cash flow and waiting for more appreciationor6. focus on flip/distressed propertyif you want better cash flow you may want to visit the midwest city.

I believe with the new KCI airport under construction and with geographically central location to the country, KANSAS City has been a hidden secret and being discovered and poised for growth in the next decade.

We saw one that had been 'legally' converted & hidden above the bare minimum height drop ceiling was the entire garage door & mechanicals for it so I assume the down track rails were buried behind the new window trim.

Class C = Lower price = Better spreadsheet -> Hidden CapEx and higher turnover.

No hidden surprises like when you are rehabbing a 70+ year old house.