Depending on how aggressive you are this might actually be a more effective method of collection.

Pay Option ARM's can be very dangerous, and in my opinion should only be done by experienced investors with plenty of liquidity.

The truth of the matter is you can easily make or lose money investing in your own backyard as you can across city/county/state lines...What I will concede is what you are doing locally will not be an effective springboard for investing outside of your marketplace---the same things that you are successful at in your local business will need to be outsourced when you expand your geography.

You could also just have a title agent run a title search for you.Ben, unfortunately if you did buy the condo at foreclosure and didn't research the title before you bought it, then you have put yourself in a VERY dangerous position.

Likely you will need to list all deals even if you have an agreed sale already lined up (immediate sales pending status).A license means you are armed and dangerous so the courts hold you to a higher standard than an investor.

When I assign the contract full responsibility of it is assigned to the assignee:Assumption by Assignee: Assignee assumes and agrees to perform all the duties of Assignor in the Contract, which accrue and become due on or after the effective date.

I'm not dangerous with a hammer, saw, or drill.

SEO can take time to be effective, and it may be too long for you to wait.

Under-calculating your expenses is as dangerous as purchasing on the basis of speculative on price appreciation.

At a minimum, it should start raise eyebrows that there are no set standards of effectiveness...no lessons learned that have been captured...from the thousands of existing HOAs that can be quite powerful in an individual's ability to own and use land.It's more of a curiousity.