Does he build that structure or is it automatic/organic/natural?

In construction perm loans the construction portion automatically turns into permanent finance upon the end of the construction term.It is really only in the construction perm loans that they will provide rate locks well in advance (some at origination) of the permanent loan.

As far as they tell me, the title doesn't automatically pass to someone else.

That magic shortcut does not exist.And yes, anyone telling you to just automatically add 3% as a rehab cost is an idiot.

Your credit being under 700 doesn't automatically disqualify you.

Or does it transfer automatically through the deed and title?

Maybe a feature where I put the lead into a certain group/type and it automatically sends me reminders at certain intervals (3 days, then 5 days, etc) when I should follow up with emails/calls.  

His lease automatically renews July 1.

Definitely should, especially if you had any automatic renewal clauses in the original lease.

There is a multi-fam that I've been watching that was in pre-foreclosure and has just entered foreclosure this week; it seems like a good prospect for this type of transaction.It is headed to auction at the end of the month, and this may not be enough time to pull the deal together, but I wonder: if the seller and I agree to the deal and I get him caught up on his mortgage payments, is it easy to get the property unlisted from auction, or would this happen automatically?