I have property managers for those properties, which made things simpler for me.

There's just no time, you have to be ready to rock n' roll and drop everything to even compete.Looks like the Feds are signaling no upcoming cuts at their next meeting, either.

What made you interested in investing in this type of deal?

Then the judgment would need to attach to the property and then you can foreclose.Issues that could come up are I assume there is no third party servicer to claim the payments were or were not made- so there is a he said she said - if they also occupy the property and statements were not sent you cannot charge interest typically on the loan.You will need an attorney involved to see what if it is still collectible.

And she made it all back just selling the one after living there 25 years.

I would have made half a million dollars already with just 3 of "Jerryll" quality leads...And although this is true..We get Volume AND Quality!

She made money off the commissions on the deals we did together, which are high in my area.

I just wasn't sure based on your wording you hadn't made it clear if those were bad or good examples since being by a train track could mean close to transit/train station and that could be a good thing, just was confusing that's all.Thank you 

Are you people all ready doing this?

What made you interested in investing in this type of deal?