The market supply has had a surplus meaning they are sitting longer and "stockpiling", nothing crazy but it is noticeable in the chart.

Surplus are not all calculated the same.  

Outside that, contact a broker that deals in surplus lines.

The buyer then sends their EMD to the title company, and you specify to the Title agent that any EMD surplus balance is sent to you at closing.

While thick profit margins are great, this would be a volume business - so narrowly profitable that it would ward off competition because it would squeeze out all the producer surplus possible, like Vanguard or Ryanair (or, yes, Spirit Airlines).At 0.6% GCI, NewCo would require average deal size of $500,000 to break even plus a 20% margin.

Louisiana is also a very landlord friendly state and that doesn't hurt either.I have been looking at the rental data in New Orleans lately and it seems like there may be a surplus of rentals available, most likely due to the STR rules causing people to switch to regular long-term rentals.

My insurance provider has given me a warning that this will change my insurance from a standard dwelling/fire to a surplus line, specific to undergrad tenants. 

The HELOC may or may not disappear, but it will likely be "extinguished" from the property title after auction.After a first mortgage lender forecloses and it's lien is paid off with the proceeds from the sale, any surplus funds from the foreclosure sale are distributed to creditors holding junior liens, like a second mortgage lender or judgment creditor.And by the way, YES you should serve notices prior to entry just to be safe.After you acquire the property, what is the goal? 

There can be a surplus of $1M homes simultaneously with an acute shortage of $400,000 homes.

I wouldn't target Austin goers since they have a surplus of similar things but Dallas is lacking alot.