Past-due taxes  will be added to your tax bill and if not paid timely they will issue a tax lien certificate  this is the best information to my knowledge

So I suppose you could reach out to the agent to ask if their buyer would like to be added to your list, but that may be pushing it. 

This would seem to create a very management intensive situation, and if turnover really is higher in 1-bed units, I'd be adding greater risk by having to find another quality low income tenant every time the unit turned. 

I am not looking to refinance, just wondering if a new official appraisal value could be added to current loan.

Windows are fine, some spots need drywall patches, we will do the painting ourselves).At the auction, they require a “Buyer’s Premium equal to 5% of the Winning Bid Amount or $2,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.”, “an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required of the winner”, title fees, which typically cost between $500 and $1500 and are based on the purchase price, and escrow fees typically ranging between $850 to $1,375, paid in accordance with the applicable purchase sale agreement.What concerned me about the listing are 2 things:Buyer will receive a Special Warranty Deed or equivalent.AndProperty is being offered as is, where is.I am 100% new to fix and flips, and auctions.

This means that while you might be adding diversification to your overall portfolio, you have a lack of diversification within the real estate asset class.

That said, find a good lender who will factor that in, They should be adding back your mortgage interest, RE taxes and depreciation and subtracting your actual payment(assuming yours are in escrow).

Should the value of the land itself on a standalone basis- about $200K- be added to the value of the cash flows above?)

Will be adding over 700 jobs to that area. 

All of your expenses can be added to your basis for use in the depreciation which can start once the property is put in service.