Things to consider would be down payments and renovation cost.

You are perfectly free to attain your own brokerage license and not join, or join a brokerage that is not a member.

You can buy about 4 of these units for the cost of a single-family home in most parts of the country.

Setting up a refinance with an escrow would be fine, but if your ARV is only 75k, then most groups would do 70% of ARV, which after your 7500 payoff and closing costs, puts you with an escrow around that 40k mark. 

I am curious about any potential barriers to look out for- timing, access/cost supplies, labor force?

Then, when you find an end buyer, you would just sign an assignment agreement.Fee free to reach out with any questions 

So the foreclosure took longer and cost us more, evnetually we foreclosed and took the property back and sold it (at a loss).So damn I lost money on this deal....

How much money would it cost to add the half bath?

Utilizing our collaborative financing model allowed for efficient funding, covering both the purchase price and any necessary costs associated with the resale.

Feel free to reach out if you have any questions about certain neighborhoods, finding off-market deals, or networking with other professionals in this space.