I also just started working with Penn State Federal Credit Union.  

As explained in this article, seller financing works best if you understand the needs of the seller.https://www.biggerpockets.com/blog/seller-financingReally dig into this topic and ensure you understand it and are prepared to use it.

Welcome to the site, Steve.

Quote from @Donyea Jenkins: State and market specific to be honest, some areas have a lot more REOs than others.

Since you are on the Austin forum and stated you are from Texas, I would be happy to get on a phone call or have coffee with you to help you focus on the task ahead.However, let me remind you, I am neither a real estate agent, or lender.  

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Each of the properties have an estimated profit of around $70,000.

Depending upon whether they are a bank or a trust company, custodians are heavily regulated by the IRS, DOL, possibly the FDIC, State Banking Commissioner, and maybe the Comptroller of the Currency.

The employer knows they won't report it to anyone for fear of losing their job.

The upward trend of those orders suggests there is a WAVE of REOs coming.