Sounds like I need to go into my bank and talk about what types of options they have. 

I've never been to an auction or purchased anything through auction so I wanted to go check it out.

Everyone is giving you different info.. but your state guidelines are what you need to go by and they address disasters and what is to be followed..  

While many events are for members only, I believe the bus trip is open to the public, and they have at least one free event per month.Regarding your capital, you have more than enough to go directly into multi family which would allow you to build passive income faster.  

You can try and find a local GC who is willing to go there with you, however this might be tough.

I have a couple of young investors willing to go in on the 19 plex but I'm not sure how to structure the ownership, mortgage, management, and any other issues that come with this type of deal.  

From there the lender will let you know what you can afford based on your credit, etc. and you can choose whether to go purchase price or you can always go lower.

I am unable to go into the property so unable to see if there are repairs needed.

The pool is a definite no brainer..it has to go before some one drowns.

As you try to navigate through uncharted territory to find your niche, identify your desired outcome and work back from that on how you'll get there.