NOT at all appropriate for out of state owners unless your going to buy 100 of them and self manage and repair.  60k is kind of the border line from what I see.. with 80 to a 100 having a half way decent chance.

I can only market the equitable interest I have in the contract specifically.

But this concern is more on the seller's side and if that attorney is aware, the chances of then blessing a wrap deal just dropped some more.I suggest you partner with a money guy since you might get some equity, or, partner with the seller, you make the repairs if you're qualified and then sell.

I post 5 day notice on 2nd of month and start eviction ( after I give them one chance to explain delay as I have everyone's e-mail and phone and we communicate openly when needed).They can; electronically depositWalk to one of my bank branches and depositUse Paypaluse any system they wishWorks pretty well. 

The chances of buying an off market property in Rockville or Silver Spring is very unlikely.  

I understand that everyone deserves a second chance, but you don't want to be the person to give it to them.

So I thought, "here's my chance, this could be my first deal!"

If I do it in FL I would have to do it in a small town.If I left for FL, I would not ever again have the chance to try it here, and thus "I would never know " how it would have gone.

I have seen people buy seconds many time's thinking they were the only bidders.. even after some folks told them what they were doing. they still did it.. and once you hand over your check its gone no second chances you lose your money.good luck with this one..

Find a landlord who is evicting a tenant and you have a pretty good chance of finding a guy would is willing to sell you a property on terms.