Buying may not be the only profit model.Are you up to the challenge?

The bank technically owns it and their loan needs to be satisfied before the title can transfer. 

I'm most concerned with all the technicalities, which clauses and what paperwork to file, ect

@Shane BrownWelcome to the club, yes it's challenging to invest in the high priced markets such as NYC and its environs.

I think with no track record it would be a challenge to find lenders.

-They are 2 months behind on rent-History of falling behind on rent-Mom who has a disability, 10 year old son, and boyfriend who doesn't work-Just bought two weeks ago, technically they have not signed new leases-I live in MA, and its owner occupied. is there a chance i can get them out or am I stuck?

Second born defaulted, no responses, as technically heir.

So finding one with enough equity to wholesale will be challenging.

You have started on the right track, by engaging in studies of REI, listening to the podcasts to gain additional knowledge and understanding of this expansive field with various niches.Yes, it's challenging to have a full time job and do REI part time.

It can be challenging to find great deals.