These cities are within Dallas County, within minutes of downtown and have several nice neighborhoods to choose from. 

I have a very reputable IT Security company that I contract with to ensure it all stays secure to the very extent possible given technology today and I will thank you to not slander me or my company's dedication to client data protection.

In further exploring this route though, the mortgage officer I’m working with mentioned that while they may be able to refi up to 90% (or maybe even all) of the balance I have borrowed from hml, if I instead choose to acquire the property with my own cash (no hml), then the max amount they are able to cash out (refi) to me is 75% of property value.Can anyone explain to me why this is?

It sounds like you have many mentors to choose from.If they have a proven track record doing the same type of investing you want to do that is the person you should select.

Our thought is to create a separate entity that our current cannabis company will own a part of, give some equity to the right partner and then either have investors invest directly in that entity so that they have some ownership in every property we acquire or they can choose to invest in individual properties with our company. 

:In PA, and in other states, auctions can mean different things.There are private auctions where I just choose to sell my home in an auction scenario (I actually think this is pretty common in Australia - maybe someone from Oz and chime in on that).Auctions can also refer to the compelled or forced sale of a property by the State/County for various reasons.I assume you are asking about the 2 most common forced sales - foreclosures (failure to pay your mortgage, bank sues and the Sherriff sells your home to satisfy the bank) and tax sales (failure to pay your taxes and the State/County sells your home to satisfy your tax bill).I have not participated in the PA foreclosure and tax sale business in 20 years, so things may have changed, but if someone here is more up to date maybe they can correct my answer with new info.Both types of sales have their own areas of risk that you need to educate yourself on.Value is a top issue - you need to know how much the home is really worth before you get into any of the below. 

It's not the market I would choose to invest in, but it’s the one we’re in.

Looking to get a conversation started on choosing an out of state market.

People however, believe what they want to believe, and often they choose to believe a lie, because it's too inconvenient, and often too ugly, to believe the truth.

Are there any recommended and reputable contractors and full service property managers that service the Alexandria, Anderson, and Muncie areas in Indiana?