The housing provider was under no obligation to extend the lease beyond the expiration date (thus the purpose of an expiration date) – THIS IS NO LONGER TRUE IN COLORADO.HB-1098 has effectively outlawed a lease non-renewal and reclassified it as a legal ‘no fault eviction.’

Which would effectively reduce finance cost.And allows for other options such as offered by ROCusa.org (Resident Owned Communities).https://rocusa.org/whats-a-roc/what-is-a-roc-how-is-it-diffe...Together these options allow the residence to keep their costs within their own control, and continue to live where they are. 

The high bidder by definition may be overpaying for the property.

“The co-owners may effect voluntary partition in any manner they agree upon

Would highly appreciate it!

(FYI, We are trying to build a small (5 to 6 properties), high quality portfolio in the next 5 years, planning on putting 25-30% down)The investment opportunity in question is a new build, single-family home with a 3-bedroom, 2-bathroom layout, accompanied by a 2-car garage, located in the neighborhood of Wesley Chapel, FL.

Below is my high level numbers -Property cost: 500k - 600k, Rehab cost - 100k - 150k, so total project cost: 600k - 750k.Please let me know your thoughts. 

This is concerning because someone who urgently needs to live in a home can outbid us and submit their interest to the trustee, effectively pushing us out. 

Michael, that's a scary Forum Title at the beginning of a downturn.Australia, China, Canada, California, New York have already droppedand the big banks have recently laid of 100s of high paying mortgage jobs.With interest rates over 5% for most average SFH buyers, are you leveragedfixed at 3-4%?

I highly recommend starting by tuning in to the BiggerPockets podcast.