@Bijan SabbaghiYou don’t that’s the challenge - we pull data from several places as a note holder and for example and currently we see less than 20% actually going to foreclosure as most are ending in bankruptcy right now due to borrowers equityThe ones that are under water are typically going back to the bank.Best bet is to find properties where deceased or maybe divorced to get higher chance of actually going to foreclosure

And, they generally bring forth action when a neighbor files a complaint and the fines/remedies can be painful. 

Attend one of these trainings to understand the bid process, there is some nuance as to how the final minute of bidding can be managed, which can be good info to know should bidding be competitive.My attorney has recommended that a writ of possession be filed for any property purchased at auction.  

This should be on file, but not in lease.Tenant interviews should be a part of all due diligence when buying with tenants in place.  

Don't bring them as equity partners, as you will have to file a partnership return. 

However, if you filed your rental income under schedule E, then lenders will have to use your the rental calc based on how you filed your schedule E.

Taking pics of each wall, can be too many pics and a very large file/pdf to share with the tenant. 

You just file more paperwork.

Any insights would be appreciated.https://www.adamssheriff.org/sites/default/files/2018-03/evi...

We have been given access to the online files, which is full of motivational paraphernalia and very little finance information.