Buyer is behind on mortgage.Home is worth 254k.Mortgage is 186k.Very little equity there.No liens or other outstanding incumbrances.Would this call for a novation situation?What would you do?

I'm 18 and don't have access to a ton of money (30k). Would this be a good way to get into rental property investing? What are the drawbacks compared to a conventional loan? Is this something to consider?

http://www.post-gazette.com/local/region/2016/11/16/Dravosburg-woman-files-rent-to-own-complaint-with-state-AG-s-office/stories/201611160035?utm_source=newsletter&utm_medium=email&utm_content=editors-picks-loc...

Hello:

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