Quote from @Kristian Sexton: @Laura Kreinbring We have a "Notice of Intent not to Renew" at our Property Management company.

The company is looking at charging %25 which seems like highway robbery.   

My in-laws loaned us the total purchase price minus $5,000 on a 3% interest rate.

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Your first step is- Get approved for a loan (unless you plan on paying cash). 

@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.

The local governments and utility companies will address all public space clean up's. 

That is important when considering a conventional conforming loan.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Brett,I have never heard of that company but any reason why your not using an FDIC Bank or well known lender?