Just make sure your insurance carrier can get it done right.In either case, you will need to have solid paperwork signed at closing to ensure you have the ability to cash an insurance check if you ever file a claim, namely a limited power-of-attorney from the borrower to your title-holding entity.

They have power of attorney with the mother recovering from a stroke.

Laundry is a convenience for the tenants and not a real money maker-you have to pay extra water and power, plus the machine mtce etc.

If not, there is no power struggle and the tenant made the decision.

--Regarding workflow, podio is powerful but has a steep learning curve.  

I was thinking shutting off power to the unit in the basement but I dont find any switch and looks like there is a seal on the meter. so assuming I cannot switch off the power to the box...I flip all the breakers in the OFF position, this will shut off the power to all the lines, then just untie the screw, take out the breaker, put a new one, tie the screw and we back in business ?

For NC reference, NCGS Chapter 45 contains the statutory framework for deed of trust, with Articles 7 and 9 dealing with future advances and equity lines of credit, respectively, and power of sale, generally applicable to all the security instruments handled in a trustee sale.

You should do some research on the costs to create your marketing materials and keep a sustained campaign.Also, certain techniques cost more money (direct mail) versus some cost more time (door-knocking).

So you may have a situation where the lender lacks the power to negotiate down the $60k. 

I wrote these three BiggerPockets posts to find motivated sellers;  pick 2 or 3 techniques, stick with them long enough to note your return on investment -- and find something that works for your area:https://www.biggerpockets.com/blogs/8814/72016-55-resources-to-find-real-estate-deals-onlinehttps://www.biggerpockets.com/blogs/8814/71506-27-ways-to-find-off-market-and-wholesale-real-estate-deals-offlinehttps://www.biggerpockets.com/blogs/8814/72664-35-relationships-to-help-you-find-more-houses-to-flip-or-wholesaleThese 3 offers you were going to send out on Sunday -- how are you analyzing the properties and figuring out what you should offer on them?