Online auction property - still occupied by former owner

[Tyler Lyons]

BP Community,

I've yet to take the plunge into the world of online auctions yet, but I'm planning to in the near future and I am planning to bid on a property this coming week as it looks like it could have excellent flip potential.

I've browsed the forums and have done plenty of reading on the topic of online auctions, but I have a couple of questions that I'd love to get some insight on from the community. Any first-hand stories that you might be able to share or strategies related to these questions would be awesome. 

1) What kind of fees/costs should I expect in closing on an online auction property? I see that there is typically an auction premium that I'll need to account for and I'll probably want an inspection and survey at some point as well. Any sort of breakdown of what I should be contemplating and including in my model would be greatly appreciated.

2) The property is still occupied by the previous homeowner. Any thoughts on what to expect with the eviction and strategies for the eviction process would be greatly appreciated as well.

Thanks everyone!

Tyler