It's a numbers game but you have to mail out regularly.  

Since this is an auction on a foreclosed property are the rules of the game different? 

Getting started is the hard part, and if you haven't been in the game long it will be difficult to find banks willing to continue to finance as you will be highly leveraged without much cushion. 

I have a similar situation in one of my buildings  it seems to be a constant game of cat and mouse.  

They like to see more skin in the game by the development team.  

There are many ways why selling your house to me is much easier and simpler than attempting to list it with a Realtor.

If you worry too much about having a team behind you, and all ducks in a row, and all your fears completely gone, you will probably never get in the game.

Depending on your personality, that may cause some stress.I would also point out that you have 2 huge advantages in the flipping game: access to cheap money (your own) and reduced realtor fees (as your own realtor).

I would imagine the partner would want you to have some skin in the game.

I still own "brick & mortar" real estate but my end game is to be 100% in paper at some point.Check out my profile & let's chat sometime.GO BP!!!