You can also put language in your ads about criminal background check being performed, but I flat out ask if they have any criminal record/ former evictions I should be aware of when they call.

the rules may seem unfair to folks trying to buy a 2nd mortgage, but this is one of the reasons non performing 2nd mortgages are so cheap. 

The electric ones don't have as good a peak performance; google reviews and you will see that as a common complaint. 

This situation is what causes people here on BP to go off on wholesalers who write purchase contracts with no intention or ability to perform on the purchase.  

Additionally, while all of the Dallas Metroplex has experience significant growth, Lancaster has always been one of the worst performing parts of the city with respect to new development.

Do make sure the performance numbers are accurate but If the numbers work for you I say go for it. 

While properties like this sit vacant and deteriorating because of bankruptcy or title issues, I could exercise my right collect rents and get the note performing again.  

USAA just performed an on-site inspection of our personal residence as standard procedure for certain new policies and they REDUCED our premium from the original quote/price.  

From what I've read, buying a performing note from somewhere like PRR is very different than buying non-performing note and trying to make it perform or foreclosing and selling the property.Any thoughts would be appreciated.  

This is a common business technique;  write directly to the party needing to take action and CC: to their manager to pressure performance.Print & SAVE the email showing the TO: & CC: as documentation for the case of non-performance and you need to refer the City to the PM