First Time Foreclosure Questions

[Will Houston]

Hey all, foreclosure newbie here.

I am hoping I can leverage what cash I have to get a property with a preexisting mortgage that I can take over to rent out and be cash flow positive. I see a property here on my county website up for auction well within my price range. The information provided about the case hints that there is an HOA that initiated the foreclosure. I have some questions

1. Can I use any old title company to lookup any existing liens? I live in Florida and here this is something you shouldn't do solo

2. How fast can I get an audit of all outstanding liens for a property?

3. Will an audit of existing liens give some insight into the mortgage that may exist on a property?

4. What happens if I outbid the plaintiffs max bid and someone else also outbids the plaintiffs max bid?

5. How common is it for a property to have multiple liens against it?

Any insight appreciated

- Will from Greater Tampa, FL