End result if you won that property at the auction - you won't get it because the original owner has that right to redeem - regardless of what the circumstances are.  

So short of a pandemic wiping out a chunk of our local population or something else of that magnitude, there is not really much that can change these circumstances driving supply and demand.And without changing the circumstances, the results will be the same.

It requires the grantor have the intention to pass title immediately, not at some point in the future if circumstances warrant. 

I leaned doing business in Texas everyone surveys before closing. out in the west we rarely do that unless its acreage or some other special circumstances we simply would not have enough surveyors to keep up with resi transactions in a timely manner.. but I can see in Texas were the land use rules and no building codes or lax ones and no licenses required years ago.. that you need to do this.. you opened my eyes on that one. 

Even if someone is funding a project 100%, you want to know that that person has the wherewithal to pay for any unforeseen expenses.

He can keep thing going as they are (not growing in our current circumstances) but knowing we’ll have a newborn by new years he is contemplating freeing up his working hours during the week by selling the IT business which should allow him to grow his online business, without taking much more of his time.

I've got a deep discount on a truly passive STR.I've got a lead on a deal that can be purchased almost $100k under list price given the circumstances.

I am not sure what the status of it currently is — already capped, I imagine.So based on my current circumstances, and in alignment with your suggestion, I was thinking that the best option would be for me to continue to live in this condo, continue saving up, and then combine my savings + pull equity from this prop to invest in an affordable investment property when I can, ideally after a year or so.

Under all other circumstances I would respectfully agree to disagree with someone who has a difference of opinion.

I only mean here that it would be likely that you could have closed with another bank even under your circumstances.