For those buyers it can make sense because if I make the sale the payoff can be huge on a per deal basis.If someone is looking for say a retail property for 1.5 million, they are flaky and contacting multiple brokers, and are unrealistic with their terms we do not even start. 

Follow up question: we have the two properties and i like the idea of building up $10k for each but do any of you guys keep that invested in say a bond index fund of anything?

So I've been around a block or two.I say what I say as an attempt to let you know more about this world and I have not meant for you to take this advice personally. 

While some states may have say a 12 month redemption period, it is lessened or eliminated if the property was vacant at the time of the foreclosure auction.

If you say as-is condition and use fha or some other conventional type loan they may not lend on it if there’s a lot of repairs.How much money is this gonna cost you to mail?

It was an typo it was to say a trusted private lender. 

@Yousef Samy the cost of staging varies but it's safe to say a couple thousand is pretty standard. 6% realtor commission.

Ok, so lets say a landlord had a building that was specifically marketed towards tenants who have allergies.

I would say a good $20-25k would be good, as long as the house is not above your budget.

I charge the buyer let's say a 5k down payment to get in the house plus I profit off the difference in mortgage/rent rate right.