Nonetheless, thank you for taking the time to respond at length. I

Do you use licensed and bonded contractors?

Here are just a couple of examples:Gresham Welcome Home - offers up to $40K in down payment assistanceOregon Bond w/ below market interest rate or cash grant for closing costs.Rate Advantage 6.125%, Cash Advantage 6.75% (also gives up to 3% of purchase price for closing costs).

If you also have to report to a bonding company, then you may need a financial statement review.

. - $500 (guess)Permits and required documentsApplication for Building Permit - $100 bond (refundable) + $90 permit feeUtility Shutoff Certificate - free?

Same property in DC would be over a million, but would bring in probably 8k (if you can find one that wasn't converted to condos).Yeah the rust belt are basically a bond fixed income but no upside, D.C. is more of a high growth stock low payout now more later though also the paradoxically an extremely safe place to park your money.  

I will do that until the Bond Inversion gets back to normal.

If it's a lengthy rehab, I will typically ask for payment terms, specifying what portions of the contract are to be completed prior to payment being received and I typically make that specification based on percentages that allow the customer the most benefit.

Some states have very lengthy processes to get the ownership after winning an auction.The foreclosure typically wipes out any junior liens.

Hey @Steven Rubino - I'd definitely check out Greater Orlando Home Buyers - Greg Bond is the guy who started it, and while I've not personally done a deal with them, I've been impressed by everything I've seen.Also, http://turnkey-reviews.com/ might be a good place to start.