@Joshua Dorkin  Congrats on a very nice concept and execution...

It also allows you to use an executed lease for 75% credit if you haven't filed taxes on the property yet (say you just started renting it in January with a lease).  

Additionally they have more resources, such as cheaper sources of materials and labor, since they have their people on staff and buy in bulk.It's not easy to win a bidding frenzy.

@Kenneth LeBeau,In most counties (except several California counties) title can submit both Deeds to be recorded in the priority they indicate to the recorder (your purchase first and your resale right behind it).You can always execute documents before an actual legal closing and transfer of title takes place. 

At the end of May, the warrant came, but before it could be executed, the tenant called the court for a show cause. 

Brent & his staff are super responsive.

Did they include the C-level executives' compensation and bonus at the insurance companies that are based in Hartford? 

As far as your tenant goes, the lease that you have in place would be of force even if the property were foreclosed so if you wanted to protect the tenant you could execute a longer lease (say 24 months) to make sure that they were not at risk of eviction as long as they paid their rent on time.  

I work full time as a professional staff member at a university in Philly and with the growth of my career in higher education I'd also like to start growing my real estate portfolio.

If anyone is interested we can joint venture, call me and I will send you an executive summary.