The thing that might make sense is to purchase the mortgage and foreclose.I would determine what the property is worth to you and figure in the hassle factor of foreclosing on the mortgage, cost of foreclosure, getting possession, making repairs and ongoing holding costs of taxes, insurance (if even available), cost of your capital and your margin (profit). 

So I ran the number past him and through homewyse and weighed out how much it would take to get me to do it...

I ran across this ad on CL in Portland.

I ran the numbers and don’t think I could ever find a unit as cheap as the one I occupy haha!

I ran into a situation where two seemingly equivalent co-signers hurt each other's ability because one borrower had a slightly worse debt-to-income ratio and the overall loan approval was decreased.I'm not sure how to explain it, but so far it seems like the lowest approvable amount is the max they will offer.

I am planning on going to a quickstart JaxREIA meeting on Tuesday to familiarize myself with the group and potentially join.

I plan on going by tomorrow to take pictures and analyze the house, ask about the septic etc...

Business wise if that is the motivation either the landlord was too stupid to implement the practice themselves before renting or in theory it will not increase income sufficiently to cover instillation and ongoing maintenance.

I'm planning on going to my first lien auction in May in New York City, @Ian CoxThanks for the site @Steve Hodgdon. 

Just keep on going no meter what.