The process really will stretch you and reveal weaknesses in yourself and your partners.

Typically if you are buying a Short Sale or REO, the Seller will not accept a contract that involves an assignment.2) You don't want to  reveal to the C Buyer the amount of profit you are making.

Here are my thoughts and questions on this:1) It would seem doing something in the grey or beige safe spectrum of colors would be wise, I did "Teepee Brown" on the last house, and would like try a light gray / greige color2) Grey seems like it might clash with the red brick, this brings me to 3)3) I am wondering whether or not to paint / cover the brick features shown in a white / stucco material - this will add a small amount of cost4) Note there is 3/4" Oak Floor underneath the carpet, which will reveal and fix up towards the end5) At first I considered trying to demolish the brick planter, but after more consideration it will be cheaper and easier to "roll with" the feature...

I'm nearly positive that a really deep dive into the code would reveal at least a dozen 'safety' code issues besides this one, and all of them are reasonable to expect in an older home. 

A quick Google search reveals that the Protecting Tenants From Foreclosure Act was extended in June 2018 with no sunset provision now.

I have 50 page inspection which reveals issues with plumbing, electric, HVAC, and roof.

The home inspection revealed severe insect infestation, broken windows, and damaged masonry, plus there is a makeshift set of stairs leading to a loft.

I don't think a lot of people know about this yet and I expect it to bring even more appreciation to the area.https://www.researchtriangle.org/news/developer-reveals-more-plans-for-250m-seaboard-station-in-downtown-raleigh/

Our first property:Purchase price: 62,000Expected rental income: 800/monthThe single family home is 2 bedroom, 1 bath.  It has new furnace and central air, roof is 1 year old.  The structure is sound.  It had termite ...

Get the complete listing history - look for multiple price reductions, as well as multiple instances of it going under contract for a few days or so, and then coming back on the market (likely a buyer whose inspections revealed bigger issues than the buyer was willing/able to deal with).