in those state you simply have to learn to do this yourself... if your going to buy auction properties IE foreclosures if your state is like ours you have to chase 100 to buy 1.I feel bad for you folks we get date downs on the phone in 90 seconds for free.. enough to bid on them. to have to rely on an attorney and a week seems so bass akwards as to be not even workable.

@Jace Perez-  you will likely need to  work  hard to  find a  workable deal just  using  RF or  Zillow   ....you may  ...but its  likely you will need to  do a  lot more reserach  than this 

I'm not advocating either way on doing that but it's a workable approach to addressing his objectives.

Is this a workable structure?

The only folks i've talked who have found deals on LoopNet have a system and a team member who analysis dozens/hundreds of deals and know that they'll have to work through that many to find a workable dealLoopnet is a valuable resource, I just wouldn't spend time there expecting to find a deal. when I was getting started, I would spend time there to analyze deals, work on my underwriting and practice building credibility with brokers.

A little about me, i have about 20k saved up in invest-able cash ...looking for areas that have properties 20k and below and still in a workable neighborhood my main focus is single family or duplexes (to start) i'm more so interested in cashflow to buy and hold  (appreciation is an added bonus but not my biggest concern) i would ideally like no less than 12% cocroi ).

I'm biased, so I won't recommend any product in particular, but here are the top 6 functionalities you should look for in a Rehab Estimator tool:Estimate Starter Templates & Pricing DatabasesAbility to Customize Categories, Descriptions, Pricing & NotesAbility to Save Your Own Custom Templates for Future ProjectsAbility to Write a Scope of WorkAbility to Create Estimate Reports & SOW ReportsAbility to Track Your Actual Expenses Against Your Budget#1 Estimate Starter Templates & Pricing DatabasesEstimate Starter Templates and pre-built cost databases are a must-have feature to help you quickly get started estimating costs for your rehab projects.Building your own estimate cost databases from scratch can take days, if not weeks of research.

It sound promising, but I want real, workable information- especially on how to perform your own title search.

. - appreciate the kind words, and yes, I know that this project is really only workable from a numbers standpoint because of my very niche home market, as well as the "bank-ability" of the building. 

Conversely, if the property sells for more than what is owed the lender(s), the balance goes to the borrower.In the case of judicial foreclosure and sale, when the lender forecloses on the property, they take possession and, in exchange, the borrower/mortgager is typically relieved of any further obligation to the lender(s) related to the property.I will also join in the above chorus that the idea of wholesaling a bank/lender owned property in Canada is not a workable strategy.