Within the last 8 weeks I have completely stepped outside of my comfort zone... asking for and negotiating seller financing, bidding at forclosure/tax auction, working on inheriting a section 8 tenant which means dealing with the housing authority, etc. and the worst that can come of any of it is that I learn something.If you don't change anything... than nothing changes!!!

2) I'm working to get another bid or two but how does this price ($750) sound from your experience to unclog it / fix it more permanently?

Foreclosures are going to owner occupants before it's open to investors, or they get bid up.No matter what route you go, you've got to creative, and the tried and true old school methods still work.

Thanks for taking the time to answer the questions.Can you tell us about the work you did prior to actually making the purchase:How much effort did you put into getting actual bids for the rehab work before making an offer? 

My last "loss" was to a Chinese pop star paying cash who told her broker that she would "pay anything to avoid a bidding war." 

I am bidding on it at auction.

I would be careful with your numbers and don't count on Amazon coming to the area, the current bid is $2.5B!

The installer will also submit a bid at the same time for what it would've been to do carpet instead, and that's the amount she'll be responsible for.

. - Today, we bid on 6 NPNs (1st liens), waiting on copies of collateral to perform due diligence. - Consistently go see 2 off market properties/wk for acquisition. - Consistently set 2 renovation jobs/wk for the GC. - Revamp my 2 web sites.     

Know your max bid before the auction.