Drain line may need to be expanded.Taking bids for 3 units this summer.  

Arizona will send me a Quit Claim Deed when all the bidders on all the properties have paid up and my bid will officially be approved in a few weeks. 

But it isn't something you can simply walk into and have any level of confidence that you've done it correctly.

I’m not sure if this matters in your state, but check to make sure the correct name is announced at the auction for the owner. 

Just want to make sure this checks out before I go bidding on a property.

The national guys may give you some broad knowledge, but often don't bid locally...even if they tell you they did/do.   

Don is correct, Jack and Michelle are wonderful and their group is a great place to be. 

But the LTL in your proforma would be $300 which represents the difference between what the units are rented for (on average) and what you can get once you buy the property, manage it right and bring rents in line with the comps (assuming that you were correct in your analysis, the other manager's weren't misleading you, etc).So the lesson here is that you can't make decisions based on the Market Rent shown on the rent roll. 

If the numbers are correct on this (and it looks pretty promising), you could probably put in a new septic and still be ahead by a lot so don't let it hold you up.

Get a house under contract and get 3-5 true bids (line-itemed) from contractors so you can see for yourself that $15,000 rehabs on most houses are hogwash.