Considering you are one month out, recommend starting the process now and set your closing date just passed that 6th month.  

Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage)  that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).

I executed a contract with a seller on Sep 28 with a closing date of Oct 17.

Hey @John Semioli, DSCR may be worth looking into as long as you have accurate and up-to-date bookkeeping records.

Lastly, for anyone using a CRM, are you able to keep your property data up to date automatically when the home’s status changes (like if it sells or is no longer distressed)?

How are your photos, virtual tour, floorplan, etc? 

Social Media and Digital Marketing: Invest in virtual tours, high-quality listings, and digital advertising to reach a wider audience.

@Sean Hoglund  Assuming the prior years tax value is lower than your purchase price as in your example, you want to file your ATI Exemption before Jan 31st following your closing date at your county's Assessors office. 

Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.

However, I discovered an order from the city to demolish the property dating back to June 2022, so I'm expecting to uncover a number of fines.