Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

That MIGHT be the best program for you, but even if it is not that is what you will be sold as it their only product.

Property must be habitable now - there is not  a renovation product. 

Quote from @Thu Pham: Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Perhaps ask at your current lender and see what they say, whether they have such a product.

I can never recommend any products without these simple reports.thanks in advance for the answers.

If you have any ideas of buying, modifying a note and/or selling them, or not using your own assets to acquire them you'd be in the business which will require you to go through registration or brokerage requirements.

Angel Oak has a suite of 2nd position products.

Whenever my kids show an interest in something productive, I try to use that opportunity to teach them a skill that they can take with them.