@Oscar Brooksbought out several people on pre foreclosure and as long as you are up front and fair, about 1/3 of the people are willing to talk to you but realize they have a dozen other sharks trying to secure the place too. 

The advantage of the blanket loans is that they open up slots for standard conventional loans. 

I see on Property Shark that these same properties were bought for 300k-600k As Is a few months ago and then rehabbed and sold for millions.

I was also able to add parking rent for 3 spots as all 3 tenants requested extra assigned parking slots.

PM me with some time slots and we'll find a time that works.

Or locally we have a restaurant on Indian Rocks Beach with a giant shark that looks like it's just been caught.

If you can fill your first three-to-five portfolio slots here, that would be a great start.2.

Total return through principal paydown, tax savings and cash flow were about 182%.My real estate strategy is clear:Acquire real estate properties that cash flow on 10 and 15 yr mortgages (I already have all my 30 yr slots taken)Acquire real estate in good areas (accomplished with this Collierville property)Acquire real estate to save on Federal TaxesUse 30 yr mortgages to support shorter term mortgages with lower cash flowOnce 10 yr mortgages get paid off, start paying off the oldest 15 yr mortgagesKeep acquiring properties to save on taxes as deprecation schedule is being accelerated At some point, with enough paid for homes, start paying myselfThat is why the 182% return is so important.

I would talk to an experienced real estate attorney.I've spoken with other investors at these auctions, and they warn of this exact situation happening to the purchaser of the sheriff's deed....that is, a shark-investor undermining an another investor's deal by using the homeowner to redeem the property, and walking away with the quitclaim deed in hand after paying off sale amount + interest to the first investor during the 6-month redemption period.

I can tell you this.He is very good at what he does in his own investing businessHe is an excellent teacher with great "courseware"In a sea of sharks, he is unusual in that he is an honest man with a true interest in helping you become successful.