But it's not AM Best rated and there's very little info about Lighthouse online. 

Oakland County has a nice online database you can access at Oakgov.com. 

I am looking for information to help me learn about buying homes from online auctions.

I've found that online reviews are almost always going to be skewed very negatively.

Of course the bottom line on the settlement sheet isn't all profit - that's where your bookkeeping and tax filing come into play.

Here are two quick and dirty ways: for the lowest interest rate get a HELOC on your home.Since it's a 5 unit you're facing commercial rates and are playing in the big leagues of financing which means you need a seasoned entity combined with personal guarantee for the lowest possible interest rate.You can buy a seasoned entity online (make sure it's in the same state) that has a 80 or higher credit score, move the entity to the property address, change all the credit lines to the new address, transfer the property into it, and get your credit score to 720+.Apply for a commercial loan if you don't want to go the HELOC route.

Why would you ignore that while putting all your eggs in one basket.I would put $100K down on a 2-4 plex, $100K into 3% CDs and gold stocks to weather this trade war storm (2018), and put the last $100K into my own business as a LLC that could be used in Year 3 to play in commercial real estate (5 units or more).In the mean time shoot for a 80+ business score and 720+ personal credit score while seeing if we're heading into a recession.

I like that play the best personally.Unless you make an offer on the note that is just too good to be true or a screaming deal.. then you can do all the work it takes in that state.. it was an eye opener for me to do the one I did and it quite the process ..

Then use this as a basis for financing, and run the numbers yourself online with a mortgage calculator.Then of other expenses, talk to other investors in your area, get a sense of what they spend managing properties.

Brush up on what you learned while playing politics while running for middle school class president, get on the HOA board, and fix it.