we are creating a new small investors club in Spain (we started in Madrid, but now there are people from other areas and even living abroad). 

I even outlined the spot in orange spray paint.

Realtor B hasn’t done a single showing or spent any money yet.  

https://www.courts.state.co.us/userfiles/file/Court_Probation/18th_Judicial_District/18th_Courts/Eviction%20Plaintiff(1).pdfSo forcible detainer is the step after the Writ of restitution is signed by a judge and it is even worse than an eviction record on file.

@David Haughton Nobody can effectively answer the question you presented unless you first identify four single family homes and two duplexes you are considering purchasing.

If you ask most small-time NNJ investors today, they are investing for appreciation and are OK with breakeven scenarios on the cash flow side, which is risky even for a stable market like the NYC metro area.

On REOs, HUDs, VAs and other you can get inside but most of the time the utilities are shut off, and heat has been off for a long time at least one winter, in some cases more than one winter and are possible freeze damage to water pipes, hot water heat pipes and even boilers/hotwater heaters. 

Purchase price: $175,000 Cash invested: $40,000 Single family residence, 3 bed, 2 bath, 1740sqft What made you interested in investing in this type of deal?

Its 2 properties in 1 single loan.

I've been looking to invest in a few single family rental properties..