Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out? 

At this point since it's after the fact while not totally correct; you may explore adding the missed asset/basis amount as a selling cost to just reduce your gain. 

HOWEVER; if you aren't going to use your full last name, then it's important to upload a pic to your profile (which you have) The reason being, when someone has a common name, with an initial and you are trying to @mention them, if you have a list of 5 David R's with the stock icon, it's impossible to know which is the correct one. 

Cities with limited land for expansion have higher appreciation than those with abundant, low-cost land where new construction is preferred.

The longer you hang out on the bridge the more it costs you.

Short term rentals do get more money, but also cost more to run and require more time.  

Not sure what your monthly cost is, but every vacant month it costs a lot trying to make that up. 

I would also suggest finding a 100% LTC (loan to cost) lender that will fund all of your rehab and all of your purchase.

Yep, off water, but with nearby water access and view seems to be the same ROI considering the cost of the property. 

Purchasing a “distressed” property and “repositioning” it requires significant capital for improvements, build outs, holding costs, maintenance.In looking for that “needle in a haystack” slam dunk great deal you’re competing with very knowledgable, greatly experienced investors with the cash to make no contingency offers and close in a few days.