Quote from @Jason Hatfield: @Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.

If anyone has any experience or suggestions, please jump in!

thanks everyone @Edgar DuarteI would suggest you research “return on equity”.  

@Jose Morales Is there a reasonable expectation backed by fundamentals suggesting these properties valued at $25K will appreciate?

I suggest you put money into the deal with labor.

I would suggest going to the find a lender tab here on bigger pockets to find a local lender who has the same products. 

If you are someone who has a bigger portfolio that you manage I would suggest appfolio or yardi.  

Virtually only ones to have not done well in San Diego RE were those over leveraged at inopportune times.If you want To invest in San Diego, I suggest you save more before starting.  

Any suggestions is appreciated 

If so do you have any suggestions or tips for best practices to do this?