Most auctions will require cash, so unless you have deep pockets, that option will probably have to wait until you get your empire rolling. 

In the basement, the walls were completely coated to about 1/4" deep. 

@Tania GhoseiIf you get involved in auction buys going after occupied foreclosures looking for the big score, you have to have deep pockets for contingencies like these.Your plan to get the eviction AND subsequent renovation AND showing AND closing done in a whirlwind two months with or without an attorney in a city like DC isn't particularly realistic.But this is how I would try: show up at the door and offer cash for keys.

It behoves us to either breath deep and allow the booking or to check with a reputable lawyer before declining the booking. 

Bet you could purchase Asheville data for $50 or so for a month to take a deep dive.

You should never buy these properties without deep, deep pockets to back up the buy, AND the connections to get the people in to fix whatever's wrong with it that you can't fix or learn to fix yourself.The other problem is that banks won't finance a mortgage that small at their normal rates, and it's really hard to get insurance on these properties before they're fully renovated.

If you do, and you're buying the home at a deep discount (as is the typical wholesaler's way of doing business), wholesaling is a violation of that duty, since you're not working in the seller's best interest.

Cosmetic or stud deep rehabs are great.

This demand comes from primarily high priced markets were the cost of entry is quite a bit higher than the quote un quote turnkey markets of Central US and deep south and Rust belt cities.. that's were the inventory is that can be bought.. there is more houses than there are owner occ's to fill them.. so this creates inventory for flippers for rental purposes.. take it another step along the food chain an these companies realized for customer care and a full service package they needed property management in house and tight controls on rehabs..  

You must have some deep pockets to be a college student and buying a house in the bay area.