They may be bluffing and may not do anything, but Id prepare myself.

Yes. the original lender probably will not but a new lender may- there first question is gonna be what is your exit strategy so be prepared to answer that question.

Make sure you understand the auction process and are prepared for any unseen issues with the property.Auction Considerations: With auctions, pay close attention to the condition of the property, title issues, and financing restrictions.

@Fed Finjap now you're better prepared if you continue to scale and eventually hire a PMC!

Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

Preparation is key, and relationships are everything.When closing a property deal, the funds typically required include a purchase deposit, which is refundable during the due diligence period, and an additional nonrefundable extension deposit.

Focus on saving and researching financing while networking with real estate professionals to prepare for your first investment.Dont forget to add tax savings to your ROI for better decision making.This post does not create a CPA-Client relationship.

As long as you’re building with future hurricanes (wind and flood) in mind you can ensure that you’re prepared for future storms.  

One other possibility to prepare for is that the court may ask the two of you to meet with a mediator prior to the judge hearing the case.

Maybe go prepared with a spreadsheet of fix up costs prior to just hitting her up with that.