It's definitely a nice and safe area, especially coming from the Bay.

(online search shows range from $4.95 excl tax (so $80pa!)

Was the auction online or at the courthouse.

You can buy the vacuum sets pretty cheap and there are a ton of videos online on how to do it.

(On that type of deal it should but play it safe)Even if the seller can show you a current policy and that is what they are paying now you as the new owner may not be able to secure that same rate even from the same insurance carrier.

And, in all reality it can be viewed as a risk, since it is not the "safe" option.  

'Investing in Real Estate Private Equity' by Sean Cook is a great intro level book, that assumes you know nothing about the syndication space but it doesn't treat you like an idiot either, it takes you along and educates you2. higher level is "CRE analysis and investments" , a textbook by Geltner et al. which I loved, breaks down all aspects of CRE, how to underwrite etc. 3. lots of online stuff helpful too, like The Real Estate Syndication Show, recent episode belowOver 100 Passive Investments and Lessons Learned with Joe Fairless (youtube.com)4.

Referalls from other investors, researching online and looking at reviews, and BiggerPockets suggested lenders are a few ways to connect with lenders.

Overall, I feel like if it's being advertised by BP, it should be somewhat safe, but I also realize I shouldn't believe all ads.

We are set up to close fast, easy (100% online), and for minimal fees.