Instead, use them to motivate you to aggressive action.  

I backed out because i dont know the long term implication of having this sort of tenancy.

I am in great hopes that my success story will not come across as pompous or conceited for those who are struggling to find their start, but as motivation that what my brother and I did can happen to anyone.

 + search key words like motivated seller, must sell, bring all offers, divorce, short sale

That's probably the only negative I see to the owner being in a foreclosure situation--and if it's not a short sale, you won't have to worry about that (on the flip side, he or she will probably be motivated to accept any offer that they get, so that bodes well, but you may be, or may already be, competing with other offers).Things I would be curious to know about: are all of the utilities separate?

Hello BP community newbie here on BP I am currently in search of  ideas on how to go about finding leads on motivated sellers and any advice as to what I need to do to find my first house and get it under contract

. , we are all far more concerned with talking to real motivated sellers and not just someone wasting our time.

If you believe that it the only thing motivating a borrower to come to you is saving a few percent on interest, you can be quickly undercut by any nimble HML, or your other Crowdfunding brethren.

Pls continue to keep us motivated with your flips.

Since most of my properties are purchased in a distressed state of some sort, My first step is usually to secure the property and then start the trash out process.