I also have a surplus of programs who are looking for whole house rentals and apartment rentals max 3 bd.  

How much bigger depends on what's needed for the next step.4 - Take that "surplus cash" (the $$$$ greater than the original seed money) and use it as a DP on a cash flow property.5 - Every time Step #3 is repeated, you repeat Step #4.6 - When you decide to stop, take all your of your original seed money (plus yet unused friends/profit)...and go home.Take a look at the above. 

You can bid over what you are owed, but you’d have to pay the amount over your debt in cash of course...any surplus goes to the borrower though, assuming there are no add’l liens.Your servicer needs to be handling this, state/fed laws dictate when you can actually file foreclosure, your servicer will know this.

We also have an asset manager who walks the client through the first 90 days of ownership.Many of my clients say similar things about not knowing what they don't know and having a surplus of questions.

We're utilizing the surplus cashflow to pay off the first condo in less than 5 years and will do the same thing to pay the second off in another 4.

If there is a surplus in the fund, we give the tenant the choice of applying it to the next month's rent or holding it in the fund in anticipation of larger bills (i.e. winter).  

Morrisacquires through city tax foreclosure or burntout land lord  through local wholesalers I know wholesalers there that feed him homes.OP buys them from wholesaler or direct from county surplus or county auction..

After getting enough experience about managing properties and being a good asset manager I want to attract investor so we can buy more multi family properties because phoenix has a surplus of renters and a deficit of apartment complexes/multifamily properties.

Government uses "Zero Base Budgeting" the trick is to spend what agencies get, if they don't and have a surplus then allocations are reduced until  that surplus is spent.

If there is a surplus we either apply it towards rent or, if winter is approaching, leave it in the fund.You can put the requirement to have the utilities transferred into the tenants name in your schedule to the lease.Dawn, Al - Québec, like NB, and a few other provinces in Canada has a standard lease (or, at least it did when I lived there) to which a landlord can provide a schedule of their own "rules" (provided they do not contravene the standard lease or {naturally} the legislation).