Unless the deal is not assignable of course, like a HUD deal, short sale, or many REOs.

.), where it is naturally attracting a crowd looking for luxury.

They're doing short term repairs on an asset they're selling - but you're most likely buying for longer term.

However, Beth Rojas with Agency Title is the best in the area for short sales. 

Or, perhaps the seller would be willing to stay on for 6 months at a salary (even if this puts you at a short term loss) to teach you the business.

Goal is to buy and hold long term in good neighborhoods that attract good quality tenants .Can someone recommend cities across US where it is possible to cashflow or breakeven  on condo investments in grade A neighborhoods? 

Hard money is not good for long-term use, as it's really intended for the short term.

It'd be great if they built a train or something to make the commute more reasonable, and then I think the city could be more attractive.  

Then I wonder what happens to the investor who lost 10 homes.. what happens to him and then he or she gets sued.this has all sorts of very serious repercussions short of just should I let a tenant slide one week because of the largest natural disaster to ever hit the US>> I think it boils down to investors with money and reserves probably will work with folks.. investors who are mortgaged to the hilt this could be something that really hurts them and they will have no choice but to be hard @$$ non caring landlords regardless of cirucumstances.. and then you just have the plane old greedy could give a crap landlords. sorry for your troubles you owe money..

Also, are you looking for long term or to hold relatively a short time?