This would be for one personal residence though if we live through the process, have a great result  and learn a ton from it I can definitely see dipping a toe into Jay's big land development playground.

@Russell Brazil Thank you for your feedback and based on your statement knowing how to work with an appraiser shouldn't be an issue if you present yourself as a professional and respect the process.

Does anyone know anything about that process?

I am hoping to get into the home and check it all out before starting the eviction process so that nothing gets destroyed.

And I'm in the process of marketing 26 multifamily properties in Chicago. 

I'm still in the process of building out my "core 4" so looking forward to connecting with others who are doing the same.

The foreclosure process is complex and full of pitfalls, I would strongly suggest consulting with a Real Estate Attorney in your locality; depending on how your set up, you may be able to write off the expenses incurred in obtaing the legal advice. 

However, the same process applies to finding someone to paint or someone to rebuild a foundation.To begin with, unless you’ve been paid to do work on a house, you’re not a contractor.

When you get down to it, you really need to think about the marketing process and how you believe your prospects will react to it.  

And he said that she said it's a long process(most likely pertaining to payments or the bank?)