Thanks for the response @Jeff V. 

It was explained to me that if it dropped in value you would be responsible for making up the difference.

I primarily need advice on:- Is it a good location for rental & What kind of tenants it will attract- How to rehab to maximize return w/ cost estimation- Conservative rent projection based on the rehabI need property managers for it, I tried to contact a few companies, but their response seems slow and I won't be able to directly talk to the actual property manager.Anyone can help?

I would say that it's the property owners responsibility unless you know exactly who did it. 

Owner of 2nd mortgage started foreclosure 2018 for non-payment and was pulled into Chapter 13 BK. BK Judge released BK hold to allow foreclosure by me after I proved the Original owner had quit-claimed property to ano...

@Devan Mcclish Thank you for the response!

L.A. replied with a canned response, thanking me for my interest and instructing offers to be emailed to a DIFFERENT EMAIL?!?!?! 

Thank you all for your quick responses, I will follow up in private messages later today - looking forward to us working together!

Thanks everyone in advance for your prompt responses!

I've had to do a couple of follow-ups but they've been responsive.