I know the process from beginning to end and documented this thoroughly.

I am in the process of vetting property managers and they are int he running.

Speaking of iteration, allow me to share with you the iterations and processes we go through in our Multi-unit Acquisition Program: After a client gets pre-approved for financing, we go through multiple deals to find the best ones that meet our metrics.

To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.

I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process. 

I had the most streamlined process, and it was truly a DSCR loan.

My current goal is to analyze properties for potential deals on BP pro daily and start wrapping my head a general understanding of the process. 

Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.

I would just add that probate isn't really a painful process in most situations.

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.