Quote from @Nathan Alexander: From court appointed receiver dated April 26, 2024.As many of you know I was appointed as the Court Appointed Receiver for Outstanding Real Estate Solutions Inc. and Ms.

Both are on high traffic highways.

I have been on a six-month analysis binge, and I am ready to purchase my first property. I reached out to a property investor in the area who has been very helpful, meeting with me multiple times and answering my ques...

It has a 4 lane road local road (2 lanes one side and 2 lanes opposite side not state highway also has lot of signals seems maintained by county)behind the property.

However, the cash flow would be outstanding if I kept this property.

I send a FOIA request to the city it is located in to determine if there are any outstanding city violations, fines, outstanding water bills, unpermitted work, outstanding building permits, plat of survey, etc.  

My cash flow is about 40k and 60k with outstanding mortgage of 145k and 75k respectively.

The money from the sale will then go towards the outstanding loan balance and any remaining balance of the loan is paid for by mortgage insurance.https://www.consumerfinance.gov/ask-cfpb/what-happens-if-i-h...When I've seen homes subject to a reverse mortgage listed for sale, it's typically for 95% of the current appraised value.

Some of these portfolios have $500K+ in outstanding ECB fines across their buildings.Large-building blind spot?

It's their way or the highway, don't ask any questions.