It will have everything required and you can add on to it based on your experiences. 

This approach required minimal additional investment, maximizing profit and demonstrating Partner Driven's ability to enhance property value through strategic actions.

State domicile law should require some legal input on your other questions.

I plan to make them with no need for maintenance and the lease that I'm not responsible for the stolen goods (I know, this will be the tricky one)

Hardwoods are beautiful if well maintained, but I have yet to meet a tenant who really cares about the maintenance aspect of wood floors.

Then consider if there are actual real upgrades that would require them to vacate.

Egress will be required and depending on your municipality you may need rental license or permit.

Check in with him on the mortgage side first, there are a lot of creative income programs currently, including a P&L statement for entrepreneurs which could require less down..Good luck! 

@Cameron DasteExpensive markets require more capital and also have higher dollar value payouts.

Pros:Potential for Bargains: Auctions can offer properties at lower prices than traditional listings.Speed: The auction process is usually quicker than traditional sales, with a defined timeline for closing.Transparency: The bidding process is transparent, and you can see competing bids in real-time.Cons:As-Is Condition: Properties are often sold "as-is," meaning no repairs or warranties.Limited Inspection: There may be limited opportunities to inspect the property before bidding.Financing Challenges: Securing financing for auction properties can be more challenging and may require quick approval.Auction Fees: Be aware of any additional fees, such as a buyer's premium, that could affect the total cost.I hope this helps you out!