You must be on title for 14 days before you can resell the property unless full disclosure is given to the lender of a subsequent sale.I would recommend that you buy these properties with the following exit strategies:1.

Does anyone know if the redemption period is from the date of the auction, or from the date of the registration of the new owner subsequent to the auction?

After you have acquired the knowledge from the first REI you will want subsequent properties with good cash flow but all of my San Diego properties have made me more money from price increase than cash flow.Good luck

Any subsequent lien-holders, as you mentioned, are wiped out and have no claim and cannot foreclose.Is that about accurate @Wanye?

Also bear in mind that your second and all subsequent VA loans cost more than the first.

Does it have priority on the sale and any subsequent distributions?  

The more detailed you can be with your first deal in terms of showing profit and loss, potentially the more attractive a sales pitch you can present to a potential investor/lender a couple months from now when you are trying to secure financing for subsequent deals.

We would be happy to help you here with any advice or insight or work with you on this or subsequent deals.Feel free to message or get in touch at the below contract information; we're always available by phone/email and on BP! 

If a bubble does form and subsequently collapse I would bet that it will be the new investors and homeowners that get hurt and not the hedge funds.

I have found myself in a predicament with the current market and subsequently I am interested in long-term real estate investment.