So sorry you're in the soup on this.

One really important thing is something that is brief, or fast to read, 100 pages of good solid advice is better than 100 pages of that advice with 200 pages of fluff to thicken the book.  

I suspect these may be junior liens or HOA's Or they are just so artificially low as to crate a bidding frenzy..which is kind of soup de jour these days.. start asking price so far below market you get 50 bidders and sale price goes for higher than market once everyone is in a frenzy

It's a hot foreign buyers market - a bad soup of the wrong ingredients.

It depends what strategy your looking for, I opted for a long term buy/hold so up-front purchase price was less of an issue.  

Thank you for your reply.If my cash flow is going to be so up and down, sometimes $700, sometimes only $100, and sometimes negative, then why am I even doing this?

Whereas others are doing these complicated double closing, alphabet soup transactions...

Basement all fixed up soup to nuts would be around $15 - $18 PSF (including framing, drywall, electric, plumbing, trim, doors, and flooring)Hopefully this gives you a high level budget to work from.

Accept this guy at your own peril because I don’t care if he donates blood at the Red Cross helps little old ladies cross the street and volunteers at the local soup kitchen the guy is surely going to give you problems !!

So...the plot thickens!