If you have a loft or bonus room, maybe make that area adults..multi game video, pinball and poker table and make the garage for the kids and a mini split is a must. 

Do you what county these auctions are being held in?

The prices have held at their level all this time but I feel that sellers are running out of patience.

I would go on to facebook and find STR groups for your location(s) in question and see if there is a way to get a license already held by someone else, or if they are just completely off limits.

Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is unfortunately held in an S-Corp.There is an option to sell a perpetual conservation easement to the land while still maintaining ownership of the land.

Money is held by "escrow" (The Escrow Company) for the time it takes to get all of the paperwork done, then the "closing" occurs and that money from the buyer, is wired to the seller. 

With this being your first investment, you want to make sure you have enough held back to cover anything that pops up.

The previous record in Bridgeport was held by 333 State St, a 67-unit mixed-use property, which sold for $202,985 per unit in 2021.https://westfaironline.com/real-estate/bridgeport-mixed-use-property-breaks-record-for-price-per-unit-sale/ What made you interested in investing in this type of deal?

Second, the renovation/construction budget is usually structured on a draw schedule, where the funds are held in escrow and released as work is committed.

It will be a DSCR loan, under your US entity or personally held.