If you are the successful bidder, you then need to wait out the redemption statute as debtor may redeem.

Short story is I bought the property in 2001, the seller started a lawsuit in 2007 (long after the 3 year statute of limitations, but I digress) the lender joined, I won at the state level, it went to appeal, it was remanded back to the state, I won there, it was re-appealed to the 9th where I won as well.

Read your state statutes.

Most landlords here prefer for tenant to pay (for obvious reasons) PLUS there is a statute that says if the power has been disconnected for seven consecutive days, the landlord may consider the premises abandoned and re-enter without the need for an eviction lawsuit. 

Is there a statute and or a case you can point me to so I can understand the concept? 

@Cin NgI didn't read the statute you posted, but you are most likely not correct.

@Jason HodgeThere are ONLY TWO LEGAL ways to "wholesale" in FL1. buy and then resell2. be licensedUsing contracts to circumvent licensing has been addressed in the statutes and IS prohibited. 

While everyone strives to give the most accurate information it doesn't apply universally to all situations.Some parts of Federal and state statute laws are very clear and some are vague and not as defined on a hard line but open to interpretation.

This is the statute - http://legislature.mi.gov/doc.....

They have 7 days by statute to respond with a payoff demand that should be for no money.