In my state, the BUYER typically pays the title company or lawyer for handling the closing NOT the seller. 2.

All told, the GP is making $337,500 just to arrange the deal (not including their reimbursement of any out of pocket costs they have already covered: due diligence costs, broker costs if they are paying anyone to bring them deals, legal setup costs, etc).  

So if I place the highest bid at an auction and they have said yes, you have won, then do I directly go to pay for this deal in all cash?

All in all my contractor quoted repairs around $2k.Am I able to withhold from the security deposit to pay for repairs?

In turn, this would allow me to pay off the mortgage, pay off about $70k in student loans, and still have $150k left to purchase another investment.

Pay no taxes as its a non-taxable event.2.

With interest rates going back to more normal levels (because the last 10 years they were super low) and me getting closer to when I plan on retiring, I am working on paying off my mortgages, so I have fewer expenses and more money coming in from the rentals...or if I want, I can sell them in 5 years without interest penalties.

How should I have my renters pay their rent?

Pay to get it fixed today.

I couldn't believe it when I looked at that site and saw it was offered for $1497!