The score of this game will be proportional to your investing account balance ($$$)I can't wait to hear how this deal shakes out and about the next deals.

You have to find a balance between the level of risk and reward you want to achieve.

They can only deposit into the account, not see balances or withdraw, so don't see a risk.We also let tenants bring rent to our house.  

The hard part is balancing the obsession with my time and studies.

As a neophyte RE Investor -actually, I'm still researching-, it seems there could be a good balance between both worlds.

What are the typical problems and issues that may arrive if by so chance that through a quick title search that there is an outstanding balance?

There is only something like 2.8 months supply on market where 6 months is considered balanced.

It's a foreclosure and the listing price seems to be ~the remaining debt balance, but I imagine the bank would be willing to take less since it has been posted for so long.

It seems like what makes a “good insurance company “ is a balance of how low the premiums are and how fairly they process claims.  

Now I mean great performing first trust deeds/mortgages not Non perfomring seconds and non performing notes.. those are more work than landlording many times. just some options to stay in the game.. most of our note clients over the years start selling off rentals as they tire of being a landlord and re balance their portfolio.you can do this in an area also were @Jim K. and @Dennis M.