Now this can work, but you're betting on luck to take you there.

Point being, never said what Amazon can't do because every single time Amazon is bet against, they win. 

Not a foreclosure different scenario .. but I bank at a small commercial bank.. if you used a large major bank I bet that would be tough to do.but once they cash the check I think your out of luck unless the sale was flawed on the trustee side the money is not coming back.

I bet we know a bunch of mutual people if you know any sig guys.

But your right, no one knows.... however if you had a million dollars what would you bet on..... or rather 700k. 

You may have screwed up, but I would bet money that the HOA is not following their covenants to the letter, because it's hard to follow anything to the letter, and I would exploit that weakness. 

And I'll bet with a little review class you could pass easily. 

Hire college students to do the demo and I'll bet some of them can do most of the repairs.

@Sean Cole  its regional for sure.. the ones I had in MS and AL  feed us the deals.. but lots of deals there ... its funny as we talk about this.. some parts of the country there are still plenty of deals others its very tight the deal ship has sailed and its basically pre 07 market.. one size does not fit all.in Oregon we have little to no OREO inventory anymore all those agents that specialized in it are out of business and back to doing regular real estate.. the foreclosures at court house that were 20 to 50 a week are down to 3 or 4.. with MASSIVE competition.. it all cycles that's for sure.. but I bet you can still roll into certain big cities and buy hang over inventory..

Rates are on the rise unfortunately and I am betting the 4.5% you were looking at two months ago is now 5.5% on a 30 year.