Have 16 defaulted homeowners wanting to sell. Should I bulk buy?

[Carolee Johnston]

I am a Senior Property Preservation Specialist just getting back into Flipping Properties. My background is a former Broker/Owner of a small brokerage and full-time investor for 20 yrs. During the 2008 market crash, my business suffered as we specialized in REO listings and we decided to close down. I then went into Property Preservation full time and am now just getting back into Flipping SF homes. I contacted close to 80 defaulted homeowners and 16 want to either sell, allow me to assume their mortgage and 3 who are fully paid on their mortgage but defaulted on property taxes want $$$ to walk away. My question is should I BULK buy all of them? I have only bought 1 or 2 houses simultaneously. I don't want to lose out on any of them as they will probably sell to someone else if I don't get them. I use Hard Money Lenders (HML) being that I am self-employed. All but 2 of the properties need cosmetic work only (I am a General Contractor so can do most of the work myself). 2 properties need new roofs and I have a few roofers to do the work. Appreciate any advice from anyone who has bought in bulk.