Quote from @Paul De Luca: Quote from @Nick Scannell: BP Community,I'm excited to say that my first Duplex just passed FHA appraisal and I'll be closing in June. 

Because you are purchasing the property from the auction and the owner is the de facto tenant in place you will win the suit with clear proof of ownership but need to make sure to give notice and file it with the court three days after failure to vacate.

One of my favorite markets like that around here is Delaware OH.

Quote from @Jalen De Leon: 1.

We are definitely your definition of poor-middle class, and I have been very interested with Real Estate and have read tons, from Dolf de Roos - Robert Kiyosaki, and have attended a day event by Darren Weeks, who is the Canadian representative of Rich Dad.

The issue we have ran in to is we live in a de-titled, permanently affixed manufactured home on a few acres.

A lot of investors are actively de-leveraging as I type this response.

My friend who lives in Delaware is wanting to create an LLC and start buying and BRRRing foreclosures in the Delaware area, our goal is to save up enough cash and be able to buy without pulling out a loan any precautions or advise?

Quote from @Edwin De leon: I am a newbie disabled veteran, have heard few things wish to clarify, was told that VA REHAB Loans are difficult due to  not too many lenders not doing them or contractors not wanting to work with VA REHAB LOANS because of different issues not sure what these issues are, can you share what experience you have had with va rehab loans the good, bad, ugly about va rehab loanFHA 203K rehab loans, are you better off with these rehab loan then a va rehab loan if so why, what are pros / cons of fha 203k loansEdwin,I will be as blatantly honest and crystal clear up front.

Seconding what @Paul De Luca said, look at what the assessed value is currently, and the purchase price you're targeting.