Timing will make a big difference leasing this SFH in Seattle— if possible, aim for your vacancy to hit the market ~May 15th to June 15th, maximizing time on market for a June / July lease start date— this will give you the largest tenant pool, lowest vacancy time & highest rent.

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

(The picture is of a different project) 

The main differences (besides rates/underwriting guidelines) is what you can include in your renovation costs.

I subscribe to PropStream and Flipster and was wondering if either of these sites you use or you prefer a different program to find distressed properties and generate lead lists?

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

I'm not sure about other jurisdictions but in Indianapolis metro area, you can look up property tax records and my Class C homes show the property change ownership with different LLCs every 3 years.

So making sure you are presenting yourself as credible and trustworthy, can make a huge difference in building the relationship and hearing about those off-market deals. 

In addition, the company that they recommend we work with, Prime, helped me set up my companies and though I repeatedly asked them if there were any differences in how it was set up because I was a Canadian, I was told that the way they suggested I do it was the right way.

How long it takes to be financially ready is different for everyone.