Foreclosures are going to owner occupants before it's open to investors, or they get bid up.No matter what route you go, you've got to creative, and the tried and true old school methods still work.

Is this correct?

My last "loss" was to a Chinese pop star paying cash who told her broker that she would "pay anything to avoid a bidding war." 

This LLC will give/loan(not sure what the correct word is) money to my cousin's Company, and there will be an agreement to get a percentage of equity in the construction project(i.e each of the 6 investors may get an apartment after the construction project completes).

I am bidding on it at auction.

Then there’s all the transactional stuff...inspections, appraisal, working with the lender, coordinating with the title company, making sure the contract is executed correctly.. the list of ways a realtor provides value is long.

I would be careful with your numbers and don't count on Amazon coming to the area, the current bid is $2.5B!

Is that correct?

The installer will also submit a bid at the same time for what it would've been to do carpet instead, and that's the amount she'll be responsible for.

. - Today, we bid on 6 NPNs (1st liens), waiting on copies of collateral to perform due diligence. - Consistently go see 2 off market properties/wk for acquisition. - Consistently set 2 renovation jobs/wk for the GC. - Revamp my 2 web sites.