Ok, apparently I entered my introduction into the incorrect section of BP so if this is a bit of a repeat to some of you forgive me :) I'm Jason and me and my partner are just breaking in to wholesaling.

It turns out that we bought the house after it had had a serious re- model and been completely replumbed, and all of it appears to have been done incorrectly.

As a newbie, I thought I was running my numbers incorrectly -- Will that is one of the reasons I spoke with you, Monday afternoon.

Don't accept a bad appraisal If you know it's incorrect, it's  an opinion find someone with a better opinion!

Last night I saw a number on my bank account of which I knew was incorrect so after a little more digging, I noticed that I did receive it.

Bill, I worded that section of my initial question incorrectly.

I actually called and spoke with someone and they explained that they told her that because she was insisting that she paid by card before (that is not the case, though it may be incorrect recollection on her part rather than actually just lying to them to get to pay the way she prefers).Hemlane hasn't handled any maintenance or turnovers for us yet, so I can't speak to how they would do on that. 

I have checked the county records (which were screwed up and had it changing hands through multiple banks in the last few years and then falling off the radar) and have done as much search as I can on my own, even the active online listing is incorrect--has the house listed in a town an hour away.

I conclude the following- (if I’m incorrect I hope that someone out there who knows what you’re doing and who is still reading at this point, will chime in):- Auction.com does not allow showings of the properties it auctions and prospective buyers are "BIDDING BLIND” as someone on the forum posted.- You must abide by the required bidding increment in place at the time of bidding- I couldn't bid up in an increment less that 10K.- Forgive me wanting verification of what may be obvious, the purpose of the lowering of the required bidding increment, particularly in the closing minutes, was to prompt more bidding and drive up the bid price

Jeff will also say that you should know REI from a fix and flip or LL vantage before investing in notes (Jeff, forgive me if I'm incorrect and excoriate as required....I never want to put words in others mouths) but, if you can evaluate the underlying collateral accurately, and are willing to learn about notes and buying notes at a discount, then REI note investing may be the perfect blend between stock market-ish and REI returns that fit your lifestyle and goals.