Just my opinion Tiara, but you are looking to bite off quite a bit more than you can chew as a newbie investor.

Hope that clears up my point.Again, I agree that you guys may very well be correct that most buyers will be greedy idiots and bite off more than they can chew and that the government is most likely doing the wrong thing (as usual) rather than the right thing.

I don’t want to bite off more than I can chew and waste money.Any advice on this matter will be much appreciated!

Fact is, you were not dealing in good faith, you didn't have the ability to buy, you may have been fraudulent in your representations, doing so has caused financial harm to the owner, you chewed up precious time with some screwy plan that the seller could have used to market the property to a real buyer.

Or, when the piece of raw meat (the email blasts) gets tossed to the masses, are the masses chewing each other's arms off in order to get the deal?

Please advise.It would help if we saw pictures of what you are considering.Metal is probably best because it won't dry rot from moisture or contact with the ground and animals can't chew/scratch through it.Any general contractor or a good handyman should be able to help you with this project.

I also noticed on some of the new fence pickets I just replaced, that some animal has been chewing through brand new wood.  

Plus with the amounts we are talking about, you'd likely chew up anything you'd collect in legal fees.If a tenant wants to move, they don't have to pay a cancellation fee.

Dogs will scratch stuff,   chew on stuff, and cause damages, blinds will be destroyed, it's CYA!   

Fees chewed up what little gain I made.