3. speak to multiple real estate broker and property managers (if you are intending to use them). 

@Bradford Behrins That's actually not true because in Florida now there is multiple title companies that will provide title insurance at a higher rate for properties purchased through the tax deed auction without going through a quiet title action.

It's really hard getting a good look at multiple lenders to start with, making sure to ask the right questions.

@Jeremy England I would not hold any property especially if you have multiple qualified applicants.

At that time wholesale and auctions seemed daunting so we mostly scanned the MLS, and zillow multiple times daily and after a we put an offer in for a 2 bed 2 bath with a 1bed 1 bath in the back of the property and got badly outbid!

Not good especially if you are leveraged and have multiple loans coming due. 

There are multiple opportunities to remedy the issue, on both the tenant's and landlord's behalf.Regardless of how a landlord chooses to collect rent, they could experience the same thing that happened to you.

-I have multiple other houses that are rentals.

I have been consuming every bit of information I can from both BP podcasts, forums and multiple books.I am an Army Veteran so I'm not afraid of hard work!

Fortunately, all we needed was a copy of the PSA, a statement from the broker saying that the deal was publicly marketed with multiple offers, and a couple appraisal blurbs and... boom... you've got a certified, undeniable market value to tie to.