This question was asked from this property: http://www.trulia.com/rental/3165666927-1021-Maple-St-Greenwood-IN-46142#rateReview
This question was asked from this property: http://www.trulia.com/rental/3110855768--Sandy-Bay-Dr-Greenwood-IN-46142#homeDetails
REO is Real Estate Owned - means Bank owned.
PPR is Property Preservation and Repairs
Hope that answers your question.
Thanks for asking,