@Basilio Torres:I think you'll discover that most of these type auctions result in the Bank buying back the property and then placing the property for sale with a Real Estate agent or online Auction Web site.

I tend to be the crawl before I walk type when it comes to new opps and have been keeping my eyes wide open when it comes to CF investments and reading and learning while sitting on the sidelines.

I wrote down a address of all of them and jotted down notes about the condition of the outside (bad condition could mean tired, motivated landlords) I looked up on the local assessors' web site the mailing address as well as year purchased.

Hello @David L. welcome to the BP web.  

@Tricia O'Brien, Brandon Turner listed some sites in his new book about different web sites for investigating crime rate and school district ratings in order to know the areas better. 

BP probably has more forum info on this topic than anywhere on the web.

No need walking before crawling. 

@Debra MuthHere is a web site that may be of interest.http://www.moneyunder30.com/get-mortgage-for-rental-propertyAlso, if you go to the Fannie Mae and Freddie Mac web sites they will have information regarding he max mortgages.

@Edward B.This sound nice and all but - why would anyone who owns the Multi relinquish it to another when the profit is then going to that person.I see more to read on the web site....I'll do that and maybe the light bulb will illuminate. :)

I wanted to see your photos, but it looks like your web page has expired.