Once the issues are solved (i.e. permits are issued, debts are paid off, etc.) the lien goes away.If you do your due diligence, hire a General Inspector and a Roofing Inspector so that they can give you THEIR assessment of what's going on. 

Getting the inspection also affords you access to the inspector/plumber who is looking at hundreds of sewer lines everyday, probably of that same building age. 

I've also been investing in the Indianapolis area, more for cash flow and tax benefits (may be able to get REPS status by logging my hours but that's another topic).

Now after more than a month waiting, I got an email from the Bank stating that an inspector found a man on the porch, and he assumed the house is occupied.

Let’s see:Booming: Provo, Austin, San Antonio, Charlotte, Nashville, Orlando, Dallas/Fort Worth, Denver, Greenville, Raleigh, Tampa, Phoenix, Seattle, Houston, Atlanta Strong Growth: Indianapolis, Las Vegas, Riverside, Detroit (!!)

I am a newbie investor from the Bay Area, CA who currently has one SFH in Indianapolis that is being rented out.

Profits are not always guaranteed, so make sure you build a reliable team of agents, lenders, inspectors, and contractors.

@Christopher Bierman-GwinnI invest in the Bay Area and Indianapolis metro area.

I own three investment properties in Indianapolis that are professionally managed.  

Now I am starting to realize this is going to be extremely challenging with 2 Bay Area rentals (acquired pre-2008) and now 3 Indianapolis area SFH rentals.