The issue is the ownership exhibit for distributions of proceeds for sale. 

Purchase price: $140,000 Cash invested: $25,000 Sale price: $305,000 Househack / Flip What made you interested in investing in this type of deal?

That's the basis of the "sales pitch."

I'd look on the 'Judicial Sales Corporation' website.

Purchase price: $322,000 Cash invested: $45,000 Sale price: $430,000 Great first deal fix and flip.

Thanks in advance Florida is a super lien state, so depending on when the condo was created the entire lien amount could be owed by the buyer or a portion (I believe lower of 1% of the purchase price the person being foreclosed upon paid or 12 months HOA fees, whichever is lower).Definitely will want to look into that.

The best way to do this is to simply look at what's sold and is for sale in the area.

I was sold the product by the sales rep that it was full functional accounting system but it's not.

Often with wall hooks instead of full-on hangers.Also, Craigslist and garage sales continue to be a source of affordable furniture gems for me. 

Not very kosher and probably against escrow rules, but certainly stupid.All that because they fear Due on Sale and scrutiny.