In NoVA/DC there has been appreciation of 300-500% over that time period. 

From what I have found, the redemption period is 6 months on commercial.

Be a DON'T WANT-ER - always be willing and ready to walk if you can't get a good deal - And understand that you can always come back to that seller later and begin Second Stage NegotiationsAsk the 7 wordsAlways consider a subject to offerAlways ask for seller financingUse the Study Period Clause with right of possession to control properties without cashOffer seller participation - this is a great way to close dealsOffer something other cash - a note secured by your other equities, an unsecured note, a Principal only mortgage (using this technique you can offer more for the building since you are not paying interest - and as you know a direct reduction mortgage will pay off much faster.

Do you anticipate a 3-4 month rehab period prior to listing?

It was a trial run to learn the process. 70% of the properties we were interest in bidding on got removed the day of the auction.

This gives them 7 days to get rid of the trampoline and they would be on a 1 year probationary period.

The minimum six-month to two-year redemption period is also a major problem for a lender.If you don't have your own money, the best method is to raise private capital. 

You could read 100 books and still not know enough because certain things must be learned through trial and error.

While it is cheap money (interest rate is typically set at prime + 1%) the loan must be paid back using amortized payment over a period of 5 years.

Typically private lenders won’t you CJ long periods of time unless it’s astronomical Interest as money is constantly devalued and $100k today vs 20 or 30 years from now will seem the money essentially worthlessOnly reason it works for banks is because the money they lend actually doesn’t really exist they make it up due to fractional reserve lending