I'd like to get a house near base that would be affordable for E-4's/E-5's + with families.

There is no smoking allowed inside any of my units, of anything - no e-cigs, vapor, cigarettes, cigars, pipes, bongs, joints, whatever.

This way I still have liquid to get the next one which will have to be the 25% down.

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If a preliminary title search I conduct via a public record search shows anything remotely shady, I order a lien and encumbrance (L& E or O&E) report from my title co to be received by e-mail for $80.  

They will look for bank statements to show liquidity. 

I'm in the middle of writing a short e-book on what i did in the first two months. 

Afternoon BP Members, long time lurker.I am a recent college graduate in a fairly average job (~40k/yr) but due to an unusual circumstance have a relatively high amount of liquid capital.

That could lead to major pay-outs, which is exactly why she started this mess, and that in turn could lead to court-ordered asset liquidation. 

If equity exists, you may be willing to purchase the property 'subject to' the existing liens and take responsibility for their satisfaction.If you buy at the foreclosure auction, which should be remembered as the forced liquidation sale of collateral, whether by judicial sheriff sale (or non-judicial trustee sale, in other states), you must perform your own due diligence, including researching title for other senior liens, in addition to valuation, repairs and occupancy status.If the property goes to sale, reverts to creditor (rather than a 3rd party bidder) then that creates a situation whereby the creditor/bank turned owner may sell the asset, but not before.