That could play into whether or not the lien will be wiped out in the event of a Debtor's bankruptcy. 

Establish contact and arrange a payoff so that the lien is cancelled before the foreclosure process is triggered by the "Power of Sale" clause in the senior lien aka Deed of Trust in NC.

If you can find a lender that is investor friendly, they can help you "house hack".I think a lot of banks like to see you occupy the property for at least a year... but if you can find a loophole, more power to you!

As Wayne said, you need to make sure the stay was lifted in the bankruptcy and then you are free of any restrictions imposed by the bankruptcy (or bankruptcies- they may be trying to play games with multiple filings). 

That gives tenants all the power and will make these types of conversions next to impossible.

You need the interaction in the live room you need the role playing to hear how the pro's handle objections  etc etc. 

Don't let personal opinions get on the way, ask for an approved change order, if they couldn't produce it, play hard ball, after a few arguments, draft what you want to pay, and let them know that this is only what your paying. i lost 50k on a job because I didn't have the right paperworks, and there's nothing i could do, so i know what it takes legal wise.

They are OK and will always be just that "OK".On the buy and hold side my focus now is building up my rental portfolio in the In-Town hoods that have good cash flow today, but also a potential appreciation play 10-15 years out.  

So the presentation is about to start and I decide to write notes on his selling techniques( I was really into human behavior at the time especially after watching Lie To Me). so He's going on and on and I note how he's making the crowd comfortable and making them like him with his sense of humor and such (I later Found it's called "building rapport") and I also notice on how he plays on some of the older's crowds sense of regret of not working harder when they were younger to build a better life.

When you play with snakes you are more likely to get bit.