All of the economics have to be right.

You were on the right spot of my question about bidding fair market value.

What I don't understand is Georgia is a non-judicial foreclosure state with the fastest and cheapest process in the country, and with no redemption rights to boot. 

They also left the house a mess.

It left me spooked about the risks and also kind of killed my confidence.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Jaime, I'm actually sitting in a hotel in Lehi, near Salt Lake, right now.

You and your husband are definitely in the right place to get valuable information.

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat. 

What's left after all that is your cash flow.Collecting cash flow to spend is an amateur play.