The problem, as you have indicated, is having the time to hold the open houses, handle the round robin bidding, etc.

While that statement may be true, it plays a very small role in the real world of buying REO as most properties will never come close to causing the bank a legal/regulatory problem. As

It's not nearly the problem as portrayed in movies and TV.I'll tell you one thing that's worked great for me, particularly in lower and lower middle income areas, "working class Hispanics".

When I replaced it all with PEX, I now had a ground problem as the circuit panel had been grounded to the cold water line and now the ground was hanging.

Then they found the root of the problem: A broken pipe 5 foot deep under the drive way!

@Sebastian Baker I wouldn't call this an ethical problem as much as it is a waste of time.

I don't see a problem as long as you give them your full name and phone number.Joe Gore

If they were nailing into asbestos siding it could be a problem as well.

In other words, this is a good problem to have and likely not one you will run into in this competitive market (unless your offers are too high which means you have a whole different kind of problem - a bad problem so go learn your numbers better).

Looks like you're on M2M so the tenant would have the option to vacate easily - - OR to remain and let the new owner decide.I would opt for the repairs too and agree that showing with tenant in residence can be a real problem, as even their fixtures can clutter the space and give the appearance of being just too small.