It fires up our imagination, but there are 1000s of people dieing on the roads and from hospital infection and yet, we don't take half the measures we take in the air.As to the origin and status of those terrorists, we can talk about it forever.

I would imagine that everything involving the process can be had for a discount from design to construction maybe with the exception of permitting.

Imagine a string of garnishments on any income, including tax refunds, and your bank account because folks are calling the Marshal to enforce court orders for payment.

The BPO's were done MONTHS ago...can you imagine having an end buyer wait this whole time?

I would imagine you could hire a PI to find out who rented it to them considering they met on craigslist.

Subtract your holding costs and fixed fees (commissions, closing costs, etc), and I imagine you still have at least $15K in equity on a $60K property.Assuming you can sell it quickly and assuming you don't employ any leverage, that's a 25% return in short period of time.

I imagine the second is much more willing to play ball considering they have the most to lose, correct?

Once you own the note you may contact them with all the disclosures a creditor must.I can not imagine a lender in this Country doing this.

I imagine an "upfront" fee would make any bird dog deal illegitimate-would'nt it?

In the end, you'll have legal problems, court appearances, accounting that is beyond your imagination and if things were determined to be at arm's length, you'll keep the property and will be motivated to refinance the deal to provide cash to the state, when you did not expect to.