So fast forward to today and investors are trying to mash what should be multi family metrics into SFR's.. and it does not work in the higher value areas.. it only works in areas were there is a surplus of standing homes.. low wages .. or NOW areas were investors starting buying SFR's for rentals a decade or so in the past and now the Owner occs have fled and now its nothing more than buying multi family one door at a time. and investors just back into the 1% rule or greater in these areas and SFR's just trundle along never really doing much in the way of appreciation because the only one buying them is cash flow investor.. and with no hope of up side you would not be wise to buy these homes with much more than 1% rule ... 

I was fired from my corporate job, one I disposed, and knew I loved RE but rid not know how to pay the bills and make a living doing it to start, let alone did I have much surplus income to invest.

Brandon Johnson If Foremost won't take it you will likely need to go to the Excess and Surplus lines market; which has companies that will insure high risk.

They think all the empty houses means there's a housing surplus.

Finally, some of the items are available because an agency surplused them and no longer needs them.”But back to regular real estate for sale at auction… A quick look at Auction.com today reveals just under 250 homes, condos, multi-families and lots up for auction now and in the near future, all of which are not bank-owned or in foreclosure.

The extra funds go as surplus to other lien holders or to the previous owner. 

You can get great deals at Lowes, HD, or Surplus Warehouse. 

or surplus funds.

I agree with you Roy, This is an example of the state making it more difficult for people to get those surplus funds.

Show surplus every month after you paid all of your bills.