I'm usually a "back and get it the next time" type of woman, but this time was different!

When I got seriously into flipping houses, I had a woman contact me about her home in foreclosure.

Woman with four kids, thenmoves a man (not on the lease) into the garagepicks a fight with another tenantthen calls CPS(Child Protective Services) re the other tenant.cause loss of a third tenantSolution was cash for keys - - OH THE JOY of rentals.

The children of the woman who owned the property responded today saying they have power of attorney for their mother and would like to sell. 

I never talked to the executor of the estate (the son of the woman who passed on) about potential code violations or any of the other costs that went into forming my offer.

The bidding starts, and this woman immediately bids $338K and some odd cents.

I'm supposed to intro myself.Okay, here is the quick rundown.I bought a house in 2001 in a rough "transitional" neighborhood to live in as a single woman.

Previously, me and my woman and kid were going to move into our own place.

I actually have a deed restriction that I cannot sell the house for 5 years.I was at the property the other day and a woman who lives across the street came by and asked me if I had a rental application.

I heard a very interesting podcast I believe they were interviewing a young woman named Anca, she mentioned buying distressed properties for about 40K fixing them up and renting them and refinancing them only to buy more, so basically she was flipping them to herself.