Great, thanks for your prompt advice Dion.

How does "in order to get a great deal you must take action promptly".

Besides the normal -- finding great tenants with less vacancy, payments on time, answering repair calls promptly, etc.

I've been reading this forum for weeks now.What happens on a sub2 ( subject to ), say, 5 years down the road, the seller is over it, their issue that prompted them to sub2 has cleared up, and they want to buy another house, but cant, due to the loan on the property that you bought?

This kid named Joe without being prompted.  

I promptly began ripping out carpet, trim, old kitchen cabinets etc.

The information I have compiled will be discussed tomorrow with residents for prompt action Monday AmMy greatest fear, is no reputable company will want to step into this mess.   

was prompted by "BTW - If you end up needing to foreclose in OH, you will need to register your entity with the state as a foreign entity and get an in-state agent."

That program is prompting the first Mortgage into taking the lower offer, they get compensated.

Terms of sale shall be cash or third-party finance, and closing shall be within 45 days.If the parties cannot agree on what constitutes fair market value, then two appraisers shall be promptly selected, one by OWNER and another by HOLDER.