Sometimes equity skimming arises as an issue as a result of examination.

Ask for clarification on absolutely anything that you're not 100% clear on.This^^^^^ ....The problems all arise from not having a crystal clear Scope Of Work.

A general warranty deed generally contains the clause that follows:“Grantor does hereby bind Grantor, Grantor’s heirs, executors, and administrators to WARRANT AND FOREVER DEFEND all and singular the Property, subject to the matters set forth in this General Warranty Deed, unto the said Grantee, his heirs, and assigns, against every person whomsoever, lawfully claiming or to claim the same, or any part thereof.”Special Warranty DeedOn the other hand, a special warranty deed provides buyer limited warranties to the defects arising only during the seller’s period of ownership.

I have the capital to purchase the land I'm now just saving up extra so I have cushion encase something were to happen during construction or an issue arises with my multi-family.

Inversely, a rise in temp causes expansion and product warping.

Assignee agrees to release and holdharmless Assignor for any and all liability arising from the condition of the Subject Property.B.

You can find properties like that in www.investorlift.comI would start with a market that is accessible (Miami Metro, Naples, LeHigh, Delray, Boynton, Palm Beach etc, because problems WILL arise, and since you are just beginning you want to be involved to learn and build a team that helps you meet with them face to face.  

Best of luck and, please, keep us (and/or me) updated with how it goes and any questions/concerns that arise!

If you master the ability of finding sellers faster than your competitors when their problems arise, you will consistently win deals. 

Does the situation ever arise where the winning bid at auction is less than the foreclosing lien?