I’m told it’s fast but not cost efficient overall. 

However, if you have to pay them back in a short period of time and make high interest-only payments monthly, that might work against you.Have you tried asking for owner financing terms for the $230k?

My state law requires a 3-day "grace period" so I charge a late fee on the 5th.

Efficient negotiations secured the property for $154,000 on favorable terms.

Important Question: How do you manage your time and cleaning schedules efficiently for quick turnovers between guests?

I didn't stick around to see it sell but I'm betting it went to the plaintiff.Here's a question... if you could successfully line up financing in the period between the sheriff's sale and the confirmation hearing, could you close with bank financing?

This helps document the issues and if things go beyond the notice period you are all ready to move forward.

Even if a bank is paying me 5%, I know that's only for a short period time relative to my peak years left of living.  

Through efficient negotiations, we secured the property for $155,000 on favorable terms.

Efficient negotiations secured the property for $120,000 on favorable terms.