Or creating the most unique Fix and Flip ever seen to become tiktoc famous?

It's very, very hard to win with a FHA loan in New Jersey now because there is a lot of competition and the properties need to be in good shape to pass FHA inspections.

Converting a room into a bedroom within the confines of the existing footprint is almost always a win.

And if you win that auction, there is still a primary lien attached to the property and the old owner.

It's a "Heads I Win, Tails You Lose" proposition. 

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Ask your PMC for the Eviction Judgment or Writ of Eviction.2) Even if you get a money judgment, you may "win the battle, but lose the war".

If I break even on mortgage payments and don't cashflow I count it as a win.

If you win, they will have to pay the extra expense of the filing fees, etc, on top of what you say your damages are (which would be the cost to hire someone else to complete the job).   

Lenders will just tell you about the loans, but that doesn't mean you can win a house with those loan types.