If an owner does not claim the surplus it is often becuase they have moved and can be difficult to find.

If the property sells at auction for $400k, who gets the "surplus" $375,050?  

If there's a surplus of space, then you have to be competitive to land the good tenants.

You can then either use same strategy, using and paying off HELOC right away (then your main house will never be in jeopardy of being taken away) to buy rental houses, or in addition to it, using all the rental 's surplus income from all properties, on paying down one rental, and then you can use that rental as your "financing" other properties house, instead of your main house.

Bellmawr Surplus has the best price on trim!

National Real Estate Insurance Group is basically a surplus lines broker that has marketed themselves a rehab insurance agency.  

For investors that have houses in Indianapolis they are looking at walking away from I would beg of you to contact Renew Indianapolis (City of Indianapolis Land Bank) and see if they will accept it as a donation (you get the tax writeoff) and be able to turn it quicker instead of it going back to the tax lien or surplus sale and Oceanpointe getting to buy it again.

Most folks don't have the surplus funds starting out, unless they "wash" part of their W2 pay thru the entity structure.

I understand as a property manager there are certain things require more effort on our part (Section 8 housing for example) but there are plenty of routine or semi routine things that don't need a surplus charge (lease renewals).  

When you pay off a mortgage, you still pay repairs + PITI (Principal, Interest, Taxes, Insurance)Alternative: Rather than putting profits into existing debts, put your surplus cash into more investments, such as lending or acquiring more deals.Proof: Corporations try to be debt free.