The problem arises when the banks won't make repairs and FHA demands them.

In this area auction dot com homes often are over priced or higher than market because of strong demand and buyer use their own money.....

Then you have to return to court, then the tenant demands a jury trial, then more time because they say they want to settle, then the eviction order, then its too cold outside so the order is stayed, then when its warm the sheriff is backed up from all the stayed orders so we're still delayed, then finally possession is returned.

That doesn't mean you are necessarily going to kick them out, but they need to know that if rent is late, you're calling to ask about it, sending them a demand letter, and promptly filing an eviction.  

The discount a bulk investor will demand may be prohibitive to you.  

Irish law demands you have 36 months of pre-mortgage savings for a first time mortgage which must demonstrate an ability to save 125% of monthly repayments (For a 600 month mortgage, I must save 800 a month for 36 months).

I believe tax deed sales are not all that common in CA as there is so much demand for property it never gets to that point.

There are some even higher than that, especially considering the demand at the moment but I wouldn't call it the norm

All of her unreasonabe demands should dictate a heavy discount. she has time to meet you there, she just doesn't want to deal with the family members not paying rent.

How is the demand for rental properties in Carlsbad?