(The company does have insurance.)The $1950 price tag is pretty good considering the first quote I was given came in at $6000 and every subsequent quote has since then decreased.

The Qualified Use requirement means that the properties sold and subsequently bought must be held for rental, investment or business use. 

Subsequent rentals fund subsequent rentals.

But it is within the rules of the sheriff sale because subsequent bidders are only required to bid higher than actual bids. 

Subsequently we boosted a couple units to $910 & $925. 1-Bed units are $750.

There are many investors and would-be investors, who are now unsure of their strategy or overall desire to be invested in real estate due to the looming question; what will low crude prices do to the Houston job market and subsequently the housing market in the near future?

After a short holding period, the loans are then sold by the bank to the platform operator, which will subsequently sell the loans to third-party purchasers while retaining servicing responsibilities.

They've sent me the documents (original title deed, subsequent refinance title deed, substitute trusteee's deed for the forclosure, and the deed that shows I purchased the house). 

Who originates a mortgage matters, the borrower is entitled to somewhat of an implied warranty dealing with an institutional lender that their loan will be treated as required under that institution's regulatory requirements, subsequent holders treat the note under the requirements of that type of note, for example; an FHA loan will be subject to FHA requirements, a HELOC from a state bank will fall under FDIC, a private loan from an individual falls under state law. 

There are also commercial enterprises that will sell you a list: http://njlispendens.com/.When you get (or compile) your list, it helps to have realistic expectations - you aren't the first person to think of this and you'll be the hundredth person to contact most of these distressed homeowners, of which there are fewer and fewer these days...and even less of them with equity.