Hi I am looking to buy a SFR in Seattle area that is in bad shape for me to fix and add equity to.

This is the first time I've heard of thisOhio has 30 days grace period after foreclosure sale: owner has the right to pay off all the debt and redeem the property.The investor get paid money back within a month or two, and if you borrowed cash to pay for the sale - too bad - you'll get only the principal, what you paid.I've got twice in such hassle: once on tax sale and once on regular residential sheriff sale

It looks as bad as some of the flip houses I've been in but at 25,000 sq ft.

You are going to want it cleaned and filters changed in order to help get rid of the smoke smell.You are going to want to wash every surface that you can get your hands on -- walls, windows, fixtures, painting may be easier depending on how bad it was.

Remember what we said about routine—it’s not always a bad thing.

So all in all not bad. 

My father and I are thinking about getting a partner to help with the down payment on a fourplex but are hesitant because of the need to split the profits. I think it is a bit greedy, but this is our first with potent...

I would not think it would be a a bad idea if you could vet the plumber that is being used.

Bad tenants try to game it (you). 

I have have seen several "bad" appraisals and it is near impossible to dispute them.