Beginning our real estate investing journey and looking at pre-foreclosed homes in our area to begin BRRRRing.Currently, searching through Zillow listings to find potential properties, and a have a few questions for anyone with experience in this market.What kind of information can I expect to receive from the Foreclosure trustee?

There are some brokerages that will pay for your training if you work with them after you receive your license.

Beginning our real estate investing journey and looking at pre-foreclosed homes in our area to begin BRRRRing.Currently, searching through Zillow listings to find potential properties, and a have a few questions for anyone with experience in this market.What kind of information can I expect to receive from the Foreclosure trustee?

The investments need to be done under the umbrella of the IRA, with no direct or indirect benefit to/from you - so all expenses are paid by the IRA and all income received (tax-sheltered) by the IRA. 

Do CODE VIOLATION SEARCH.9Calculate MAX Bid PriceOnce the properties are filtered with the above criteria, set the max bid price between 60% and 75% of Fair Market Value or ARV10Bid StrategyDetermine the low starting and maximum bidding amount, to be agreed by GENERAL PARTNERS11BiddingEnsure 5% of max bid price is in County bidding bank account 3 days prior to bidding12Property Win BidEnsure funds are wired to County bank within 24 hours of WIN13Send File to Lawyer/Title SearchIf property is still occupied, have Legal file a “Writ of Possession” to get former owner removed, Perform Extensive Title Review, Negotiate any existing Liens14Receive TitleReceipt of Certificate of Purchase, Certificate of Title to occur within 3-4 weeks from date of winning Bid, continue follow up with County until received

@Shawn Campbell  My experience with delayed financing is you will receive the same loan terms you would have if you had financed at the purchase closing. 

I just received a call from the power company stating that the lock on the gas meter has been tampered with.

So even though I want the tenants I would like to try to receive a credit at closing for me taking on his responsibility for the tenants.

Should I continue to see this through and finish the course anyway to receive the license or was this a waste of time and money?

Allowing them the non-refundable fee would be a nice gesture since they will deal with the short-term issues, but ultimately you deal with long-term issues of having a pet in your property and should receive the majority of the monthly fees.