Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

In the spirit of non profit you would be helping people collect this overage and NOT charging them. 

The personnel  they use to collect the money and do repairs do it everyday and have the parts available for a quick fix.

But regardless of whether the bid at auction is less then JPMs judgment, they cannot collect anything further given your father is deceased. 

Even on collecting deposits etc.

Your collective wisdom is invaluable, and I’m eager to learn from your experiences.

, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!

, we are super blessed, it was not easy but it wasn't super hard either, and the tools here at BP are a VERY good resource to Analyse deals. thank you, guys.we are renting this property now to a wonderful family, they are super happy with the place, and we are collecting $1,200 P/M rent with over just over $500 in cash flow :) I just wanted to share to encourage new investors!!!!

@Dave Charron, just a guess but perhaps the company wasn't properly insured or the guy wasn't an on the books employee and also the company probably has no suitable assets that can be sold off to collect against them. 

We spent about $9,500 on furnishings including furniture, electronics, kitchenware, bedding, towels, etc. for our 2/2 condos.For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.