I read it somewhere,  you don't have the title after winning the bid. 

I am wondering if I need/should draft up a whole new lease agreement or if I should simply use the old renewal addendum (i would remake the document as I only have a picture).Any insights would be appreciated.Thanks!

And since you control the phone number, if you need to change people its easy to simply change the login without having to issue new instructions to the tenants.

You just might simply not be able to work with who you want, for the price you want.

Sounds like she really timed that one perfectly and scored a big win.

Jonathan,It depends on a few things if the 7/1 ARM is close to adjusting/recasting I would simply refinance into a 30 year fixed.

If your holdings are small (i.e. a couple of SFH), the cost of setup companies, annual filings, etc. may simply not be worth the cost.

            - For any part of the project that you finance, whether it be purchase, the rebab, or both, do you simply look at the monthly loan payment for that leverage and multiply that monthly debt service payment by the number of months you expect to hold the property?           

WIN/WIN/WIN

It is simply a matter of acknowleging that contractually title will be good to go at a named date in the future.