The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

Both of you provided important information.It's true @Jason Wray that Florida is always a hotspot.

Using a HELOC can provide you with the necessary capital at a lower interest rate to fund your next projects without leaning too heavily on hard money lenders, which can eat into your profits.Here are a some actors that you would want to consider:1.

Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.

Who is providing 85% LTV financing on that?

Have you reached out to any social service organizations that might be able to provide tenants to your property?

The more affordable price points, combined with a steady rental market, provide some peace of mind.

You are casting a very wide net without providing what your prioritized criteria might be.

I already provide 110 electric and gas for a gas appliance.  

Hi @Brian WongI can provide some ADU contractor recommendations in Los Angeles if you want to DM me.