The education I received through the podcast was invaluable in giving me the knowledge and confidence to do the first deal.

House flipping is ordinary income, for both of you, period.

Period. 

mid-sized apartment building, you should be working with an experienced broker and/or attorney who should be able to advise you on what materials and {diligence} conditions should be identified in your APS.Building on what has been stated above, be sure to include the collection of estoppels from all tenants (and suppliers) and to have the clock on your diligence period start only once the Vendor has supplied the information requested of them (in the APS).Other items which we typically request as materials include: all leases and contracts; blueprints, engineering diagrams and assessments; existing environmental assessments; authorisation to pull the permit and work order / citation history on the property; finances for the past 3 years; current rent-roll along with economic vacancy (physical vacancy, concessions, evictions); list of recent CAPEx; statement of reserves (note: this should be included in the financials, but you never know).

I’m guessing it has less to do with the redemption period than the statutory time someone can challenge the validity of the sale.....proper notices, etc. 

So if you say you're going to do something during a certain period of time, do it or don't say you are. 

congrats on getting started and as for education and wanting to learn more this is an awesome site where you can get a ton of information but you need to know what you're doing all this information can be an overload if you dont know exactly what you want to do in the game man !

Unless you are super experienced and have crazy deep pockets you may be in for a lot more education than you ever wanted.

@Peyton Leal My first comment will be Education. start there. in addition to that look at your financial situation to determine where you want and Can go..?

The auction ends in two weeks, however the redemption period doesn't expire until 02/15/18.