It unlikely calls for a closing/sale without substantial completion, and the bank shouldn't have an issue with funding with a typical "punch list",  perhaps holding back a few grand.  

My question is, when you find something like this, and you don't have the funding ability(I work at a school and have TRS not a 401k, so I cannot take a loan out against it, nor do I have 20% down, but I have about 60k in equity in my home, but the lenders I have talked to will not do a HELOC in my state, point is I can flip, but not buy and hold with my own financing) and you need a partner on the deal, how do you protect yourself from telling them about the property and them just taking it?  

However, I can not find any records of which bank holds the property.  

Buying and holding?  

I am currently a student at the University of North Carolina Wilmington and interested in the buy and hold model to create passive income.

Like Emily said, a number of shocking facts (or not so shocking to many landlords) have come out in the press recently on how few Americans can come up with a thousand or even four hundred dollar in an emergency....A FINRA study on The Financial Fragility of Renters was just one (with lots of stats).So no downpayment is a big one, as is credit score, and even with those who have resources, they  may want the flexibility to move or freedom from extra work or costs of maintaining and repairing the home.Even items like student loan debt or fear about the economy hold others back (still some out there who feel the sting of the housing bust).

But banks are required to hold their auctions on the first Tuesday as well, so I presume so.

If you mange the properties yourself or have someone else mange them this holds true. 

Hi Sam,I'm a long term buy and hold investor living in Pearland.

Also depends on what type of investing you want to do...a HELOC would be good for fix and flip, but maybe not so for buy and hold.