And yes, I have spoken with the IRS extensively about this process. 

@Kevin Kite- try working with the present lender on refinance  / extension  terms 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

In some instances there are alternatives to foreclosure.

Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

And REOs are notorious for being non-assignable, so students most likely didn't assign to the company.I don't think there is any magic about the Ohio deals I looked at... older properties, low price because of extensive rehab required, REOs, property with high DOM, in the rust belt, ... leper properties.

I was wondering if anyone in Georgia has worked with a good agent that has extensive knowledge of the investment market for short term rentals. 

With extensive experience in the construction industry and as the owner of A+ Professional Painting LLC.

Those $60-70K properties will need extensive rehab, or it's D class.

The market here is very investor-friendly with affordable property prices and a robust rental market.Expanding to new areas can be challenging, but here are a few tips that have worked for me and my clients:Research Extensively: Before diving in, thoroughly research potential markets.