I follow what you are saying somewhat and most certainly agree that your house is not an asset and is our biggest expense.  

There are all sorts of reasons people who have been my tenants have been late with payment and it's always been resolved without financial impact to me.Don't be afraid to give them the 3-day - it's a shot across the bow.  

Not enough equity in the home(recent SFH have sold for $90,000 and up). 3.with all the fees and closing costs loan will not make financial sense for the bank or myself.

I want to know the financial ins and out on purchasing my first property as well as how to find the right home that will yield the biggest profit. 

I'm going to paraphrase here:"COMMONWEALTH OF MASSACHUSETTS LAND COURT DEPARTMENT OF THE TRIAL COURTORDER OF NOTICE TO: (Previous owner's name), and to all persons entitled to the benefit of the Servicemembers Civil Relief Act; Wells Fargo Bank...Asset-Backed Pass-Through Certificates...claiming to have interest in a mortgage covering real property at (address), given by: (name) to (mortgage company) dated May 2005...and now held by Plaintiff by assignment, has/have filed with this court a complaint for determination of defendants service members status...If you object to the foreclosure of the property above then you or your attorney must file a written appearance and answer this before OCT 31, 2016 or you will be forever barred from claiming that you are entitled to the benefits of said Act"Now, forgive me for my ignorance, but is this just a foreclosure notice?

and can you get complete financials for 2 years?  

The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property.A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties.

The complexity and expense greatly increases the risk of financial hardship.Good Luck,Allen Fletcher

In fact, we have two tenants (two house) in California that came into financial difficulties and both had one of their cars repossessed.

Connect with me here on BP and I will let you know how to get vacant or financial distress leads for your market.