I just want to make sure I understand the proceedings correctly as It seems like there is room to negotiate with each lienholder to come to a beneficial agreement.If I'm able to obtain the information from the courthouse can I contact these creditors directly and start working on a solution?

Let me share what it looks like from my side.We have to balance making the consumer happy at the preapproval stage, with what you suggest.

@Ryan Jenks  instead of going laterally go vertical come up to Oregon.. you can get 5 to 7 caps ,, 7 are tougher to find but they are doable. and no management headaches.as for the wipe out in Memphis.. they bought a 40 unit... for 8k a door it was 70 % vacant... broker feeds them a line.. that they can get it up and running and sell it for 40k a door.they proceed to dump 600k into it... so just under a million .. and were planning on making about 500k on a turn aroundWell that tenant base in Memphis that is D class you simply can't do from a far.. first managers are stealing from them... few murders.. and other violent crimes..

With the doctor and real estate agent, the average consumer will actually understand what you do and see you as a leader in your industry.

When the time is right you can sell those and use the proceeds to purchase new investment property that may cash flow better or be in a different location or of a different type.Flipping is fun adrenaline rushing profitable and a lot of work.  

It's usually written into the loan documents that they have rights to the insurance proceeds or that they must be named as additional insured /loss payee etc.

It is very time consuming especially when you have heavily damaged floors.  

I wanted some feedback on what the best way to proceed with this business relationship would be.

Carpet is cheaper and way less time consuming to install. 

This would permit the person to stay if they can pay, It saves landlord from loosing money and yet retains the action for everything to proceed if the tenant again defaults.