And here's why:  "While a property can still be sold while there is a lis pendens, title companies will not insure the property, and that alone should be a deterrent to purchasing."  

I've got one client doing exactly that - sold oil two years ago and purchased waterfront vacation rentals with 1.8 mil. 

Some investments are capable of distributing cash flow along the way and some will require you wait till the asset is sold before you get your share.

You can probably find a copy online

https://www.biggerpockets.com/files/user/ChrisM93/file/scotsman-guide---lenders-for-foreign-nationalsWalk into your local mortgage branch and grab a copy of the "Scotsman Guide" out of the trash can, or off of the waiting area table, if you'd like something more current. 

I’ve sold deals where expenses were 70% of actual numbers.

I don't have a lot of experience, but with the one property I bought, it ended up off the market in a couple days with multiple offers.Is there something I'm missing here on why it hasn't sold?

Listed at 129,900 and sold in 1 week at the asking price.

The wholesale company contracted with us for $100K and then turned around and sold it to another investor via their database for about $120-$130K.

When the family’s estate sold the property, they did not record Jacks death certificate and an approval by his/her descendants approving the transfer.