Anaheim has a lot more contractors, I would talk to some bout coming uphere to help you.

I don't know the area, but looking at other listings, it appears that it's not a $3,500/month area.

Cities like Atlanta and Savannah, stand out for their stable market growth, making it an ideal option for the goals you mentioned.Below, I've listed a few cities in Georgia that align with your criteria.

Talk to the City/County and get it in writing that you can do what you need/want to do.

First, I recommend to get a lot more education on this as the terminology you are using is confusing as you talk about buying a second mortgage which is literally buying a second mortgage, but it sounds like what you are talking about is buying a property at foreclosure auction whereas it is being foreclosed on by a 2nd or HOA. 

Is there any thing you would suggest about where to find lenders or any information I should know before talking to banks? 

We knew it was a great deal but with bad pictures and being in rough shape we made a quick offer slightly above list price, limited inspection and quick close and included a quick acceptance deadline so we others couldn't see the great deal we were seeing and they accepted!

I did some research on BP and looked for markets that other were talking about.

I can't talk to family or friends because everyone around me thinks i am doing better than i am actually doing (or should be doing).

He has a guy that is kind of this position that you talk about.