Forbes defines 7 reasons to join a Mastermind Group as (I paraphrased) : Exclusive Community.

Cash flow is a secondary component...and if you have W2 income, it's not all that important...the better play is long-term equity...anyway,What's the situation?

I enjoying flipping and turning ugly into pretty, but it takes skill to define the right property, so it doesn’t end up a hobby that costs you money!  

It may depend on your jurisdiction and what you defined in the rental agreement.

There are lenders in Oregon and Washington that will provide funds to bid.you must deposit 20% of the bid amount with them.. so lets say opening bid is 200k you need 40k.they put up the rest.. then they take a security interest in your trustees receipt and put their name on it to protect them.then once the trustee's deed comes they roll it into a normal HML.. with Deed of trust and note.they will also provide the lists and do the bidding for you.. their is a fee for each ala carte component.. so there has to be significant meat in the deal to make this work for the investor.. its a flippin money machine for the lender though. 

Looking at several different metrics, the best route becomes much more clear when you’ve defined your current position.

Notwithstanding the foregoing, if the value of Scott’s interest in any of the LLC interests listed on Exhibit B increases as a result of his active efforts, the appreciation of such assets shall be deemed Marital Propertya) Active shall be defined as exclusively engaging in gainful self-employment working toward the growth of his LLC interests listed on Exhibit B, successor LLC’s, spinoff LLC’s, or any other LLC or gainful acquisition made using premarital funds, mortgages, or other financial instruments to fund growth.

Your tenant damaged an essential component, rendering the entire unit useless.

...and how you define the details is by "Reverse Engineering".

Webster defines investing as "expending money with the expectation of achieving a profit".