Non-owner occupied loans aren't possible on most of these homes due to the poor shape and condition.4.  

When obtaining financing in a non-traditional manner such as private lenders and such.

Account Closed's REI BAR camp last weekend, and he's been crushing it taking the "non-turnkey" route.

I know about the services Costar offers, but I'm wondering who or where typically has this information on hand locally?

@Eric TomlinUnless you have other non-traditional investments in mind, the checkbook control provided by an IRA LLC would be more tool than you likely require.Check out Kingdom Trust Co or IRA Services Trust Co.  

The 1099 generated for the forgiven debt can be a non issue...if it is owner occupied, and done this year, the taxes are waived. 

I am new to the world of Real Estate and plan on using this service and others to learn the ropes.

@Jonathan West - If the purchase agreement doesn't' require a copy of reports, then it should be a minor or non-issue, just ask for the $ back and provide a copy of the report after funds are returned.  

Outsource it all to a servicing company.

He works with Real Estate professionals and offers full service such as bookkeeping, tax filing and preparation, and etc.