They may begin to accelerate the mortgage, if they discover title has changed, but it will take time. 

As you can see I have looked into a few niches, but am continually discovering new ones (just watched a podcast with an investor doing subject to deals).Would love your input on my line of thinking in terms of kicking my real estate investing off.

If anyone has 1031 questions let me know...I've discovered some great information for the changes for 2014. 

During this time buyers & contractors walk the property and identify areas of concern and if we discover something that brings the repair costs outside of the expected number, we can either renegotiate or terminate the contract before the option expires.

In the state of FL a LL only is considered to have waived their right to proceed with eviction upon accepting in full the past due amounts....and even then only if the LL has not made reasonable attempt to return the money.

Maybe their financing fell through last minute or they discovered something about the property that affected their ability to purchase at the price they'd negotiated.

I have an absentee LL wanting to sell his property for the mortgage balance ($275K) but the property in it's current condition is worth ~60% of the mortgage balance mostly due to the condition of the property. 

This will tie up the requirement for years before they discover the indigenous people's graveyard on your side of the property. 

Tiankhy,Welcome to the great world of Bigger Pocket and real estate.I'm down south from you in Lafayette and have experience with pre-foreclosure in this state.Give me a call sometime this week and I can offer some advice.I"ll private message ya my number.

But, as a business owner I have to hold true to my numbers unless the extras were for items that are unable to be discovered in the normal bid process.