Welcome @John Roe.  

If the ROE you're seeing from this rental is worse than what you'd get if you used the equity to purchase other cash flowing rentals, isn't that what you want? 

Over time I attempt to make the numbers continuously go down because as you age and become wealthier you care less about ROE and more about cash flow and safety.Highlighting levered strategies helps to sell subscriptions and feeds hype.  

Some people have high ROE requirements and don't mind the high time component that goes with these types of investments.  

Maryland has something called "post sale exceptions" which can be used to overturn a foreclosure sale.

I'm definitely gonna try the ROE lists and trusts now.I did follow up on the pre foreclosure lead but after doing some research I was unsure if I was able to wholesale that type of property.

They really only make sense if you are paying all cash and have deluded ones self into thinking theyes will help overturn TPs rent control as people have been trying to do for decades now.Your rent is likely on the high side then too in your estimate

I am not afraid of being initially cash flow negative on the property as long as the ROE is high.

You have the right to December’s rent, as the owner.Unfortunately, there is no appeal to overturn the mtg foreclosure or way to buy you more time.  

Now let's check your ROE (return on equity) on each of the options (using very very simple example):(1) Monthly rent = $1,000, Yearly rent = $12,000, no debt expense, ROE = $12,000/$200,000 = 6% (2) Monthly rent = 2 X $1,000 = $2,000, Yearly rent = $24,000, Debt expenses = $200,000X5% = $10,000.