After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.The contract was in Florida done AS-IS.Do I have any ability to force the sale to be completed and acquire a clean title?  

My goals for 2016 are to learn the details of analyzing a rental property, understand the accounting of a rental property, learn how to analyze a 'deal', understand different methods to find and purchase property, and develop relationships with other investors (local and through BP).  

The deposit is for cleaning and maintenance AFTER the tenant vacates.

My education is in civil engineering, and that kind of methodical, calculated mindset is what makes sense to me.

This was a reply to my email stating that after a discussion with an attorney, he advised me to offer an option to close on the house by Feb 1st, 2016 or received his down payment back minus legal fees, cleaning and repairs costs.

Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907Insurance - $50/moI am looking to implement to BRRR method and wanted to ask for advice. 

@Mark NeigerHard to give specific advice on strategies without knowing your resources, time availability, and market.Poke around on BP for a while as this question has been asked many times.The only common denominator I've found with all methods is patience and persistence.Good luck.

IMO for or someone like @Michael Blitshtein overseas this is a much more reasonable method to deploy his available 30 K across  5 or 6 diverse investments and reduce his risk and management headache vastly as compared to one 30K D grade property.

The top 3 marketing methods that work in most markets are:1) Google AdWords (paid search, NOT any type of display including Facebook display ads)2) Direct Mail (especially to absentees with more than 40% equity)3) Outdoor (billboards and other types of signs or outdoor displays)

The rooter guy says they can be cleaned with the rooter, the jetter guy says rooting doesn't work but they can be jetted and the plumbing contractor says neither of those will work they have to be replaced with plastic.I'm not expecting any trouble like this but forewarned is forearmed.