I will most definitely be referring to this checklist with my regular lender, although I know it won't change anything.

Hi Matt,Some paid services that can provide you with transaction info are CoStar, REIS, Yardi.Some FREE resources could be:https://www.irr.com/research/#!

.), how the title process/paperwork differ from buying a regular property, and the pros and cons of this method?

Call the servicing Utility to get an average on the property.Once you get a property under contract you will be digging deeper during the due diligence.Holding costs include (but not limited to) loan payments, insurance, taxes, utilities, HOA fees, etc., that occurs during the Rehab period and up until the property is fully rented.  

@Evan File I would review the current property management agreement to see which duties and services are included.  

So I am here to BP, soaking up everything I possibly can from all of you true investors,  so I can provide the very best service not only for my own investments to come, but also for my present and future investing clients!  

Also, Maryland requires that a Resident Agent be identified for legal service.

Pretty practical project management and risk management stuff you will be familiar with based on your military service.Go achieve your dreams.Thanks for the service, keep up the good fight for freedom.

@Adrian Moreno You have two pretty easy options.1) Go to the neighbors and ask if they know the owners and where they are.2) Use a skip tracing service to get the phone number and heirs of the current owner.

I would check out some more options, and figure out if you can find an online service that checks Maine.If you need software recommendations, please feel free to PM!