Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

I wrote the above for informational purposes.

Build yourself a Google business page, make yourself easily bookable on Airbnb (did you know that 25% of nights booked on Airbnb are for 30 day stays and more? 

The title company takes the funds from the sale, and then pays off those liens and clears them.

If you have a better interest rate than available in today’s market would utilizing/exploring a HELOC make sense for your next investment?

Of course as a seller I might counter with, No, please send your cancellation of sale paperwork and I’ll refund your EMD.

Pay to separately meter the utility.

It will cost the seller more time and energy to sue you than collect on the EMD.  

@Cameron Porter +95% of the land bank inventory is already picked over by the time it hits the public.The only people we know that have bought ALL went over budget and only the increasing market covered what would have been losses.So, proceed VERY carefully!

In return, we ensure the tenants treat the property as their own and respect the space they live in.