I will post the before and after pictures, hopefully it can help anyone starting this journey, we are new investing out of state but NOT new to handlining construction project out of state for clients, looking forward to the challenge!!!!

With lower entry costs and solid growth potential, he was able to snag a couple of properties that started generating positive cash flow pretty quickly.Sometimes a new environment brings new opportunities.

Yes, in many jurisdictions, the previous owner will have certain rights that might allow them to "redeem" or at least "challenge" that auction. 

Bryan, it sounds like you have a solid plan for rehabbing the duplex but are facing challenges with traditional financing methods like HELOC and home equity loans due to DTI issues.

SMS does NOT solve the motivation of the seller challenge.   

So this method works in this high interest rate environment. 

Long story short I purchased a home in an overinflated environment for $500k.

Not to mention it could be a challenge to get traditional financing because even though you're debt free without a high enough paying job your debt to income may still not meet their criteria for a loan that large. 

Also it would mean I get a different tenant pool for example travel medical professionals, displaced people due to insurance claims, digital nomads, etc and I really want to expand my knowledge outside of long term tenants and challenge myself to have a diverse portfolio of real estate! 

With the college close by I figured demand would be fairly good.You said it's more of a challenging market and it's clicky, is that in regards to finding and keeping tenants happy when it comes to multiple personalities?