I have personally seen this come to 30-50% of the value of the home.

FWIW there's locations here in CA where you can (in person) get fake DL, SS card, I9 cert, smog cert etc.

It almost seems to good to be true to be able to get the same returns as a Certificate of Deposit.https://finance.yahoo.com/personal-finance/best-high-yield-s...

So instead of driving around you can use pin to find the property and the person.  

I am not one of those.I do personal communications with all the guests and they have my cell so they can call or text.

But, personally I wouldn't start the renovation until I'd had done a background check on the person who lost the property, to see if they have other assets they could sell to redeem the property or relatives who might help them out. 

Please also feel free to bring an investment, personal financial dilemma, or strategy question, and I am happy to discuss it with you... for entertainment purposes only.

Later I learned that it was in auction in bankruptcy court.

i showed this home to another person first and thought it was a nice solid house and decided to buy this. price was good at the time How did you finance this deal?

I've used AI that uses Reditt for forum conservation and it's the best.BP has the most very insightful information and tips how to handle residential real estate and rentals, rather than using the old ways of using search engine, it would be excellente when there's AI feature where I can ask something like this "what shall I do when my rental experience this and that happened,etc,etc".... use the LLM that could give input where person that has more like, could have more accurate answer.