Looking for some guidance on options when foreclosing on a property in a state with redemption periods. 

I’m guessing, without using an amortization calculator, that $200 extra per month is for the Entire loan period, 15.3 years, not just for 12 months

There is a 10 day outbid period after accepted bid.  

Generally you have a pretty good idea of value and we make sure to have a due diligence period to verify all information given.

During that lag period, there probably will not be a as many buyers in the $446k-$475k and $669k-$715k ranges.

With the current tax proposals, if you purchased a property with a large loan the interest may not all be deductible however renting is one of the worst things you can do from a tax perspective.Given the information you have posted and past experience I suspect that your best bet would be to structure a 1031 exchange on your property with the greatest appreciation, exchange it for a property that you want to live in, and move in after a period of time. 

I certainly understand your mindset, however I would go with the 2nd rental property rather than paying off the mortgage right away.You might initially have less cash flow, but rental income should increase while your mortgage payment should only be decreasing (assuming you don't have an adjustable rate mortgage).I also like the idea of having more than 1 rental property because, if each property is cash flowing like they should be, you have more of a financial cushion during periods in which one property is vacant.

The very best IMO is Larsen Education.

This feature comes with an interest rate premium in most cases; some will provide a forward commitment up to six months without charging a premium, but the usual cost is 3-5 basis points per month when the rate is held beyond a 90-day period.

The bank that I usually finance with dragged its feet on approval through the due diligence period.