If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

I have had previous tenants use it both ways, but now I am a bit worried about mentioning family with all the Fair Housing stuff I have been reading. 

@Diane G....that's what Fair Lending laws are in place for!

The date the mtg was First Recorded against the property is what matters, not when or how many times it was later sold.This is a very clear cut question, and makes All the difference in how it has to be dealt with.Since you have a title co telling you there is a problem, I suspect this is the case.If your county property records and recording information is available online as it is in most places, it would be fairly simple for us to see what happened when, with the address.

When you combine that with what @Dave Foster said about leverage the premium becomes a rounding error.I'll round out my diatribe with anther Buffet quote: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price" I believe the idea holds true for Real Estate as well.

Overall, the line is in fair condition and functioning as intended at this time.

This can be accomplished fairly easily using an option contract.

Does this sound fair to you?

The building itself is a fairly old frame, and the seller has stressed "AS-IS" a little bit too much and has got me a little worried.

As an inexperienced investor, my inclination is to go with one of these Turnkey providers to ensure I'm not getting into a terrible deal and to streamline the process of getting it financed, renovated and rented out.