I was going through a cash out refinance to use that equity to purchase additional properties for long term rentals.

Agreed with Bradley, why not look to purchase this home yourself.

Hoping to purchase a few properties in the next couple of months. 

We are currently doing this process now in San Diego!

(Resident for 29 years).On creating a yearly profitable Airbnb from purchase.

I'm specifically interested in learning how to land a pre-foreclosure deal, but I think I need a structured system for educating myself and have a teacher/mentor for support and to hold me accountable during the process.

are successfully purchasing 1% rule and positive cash flowing deals here.

Doesn't that defeat the process of selling it myself?

Giving some rough numbers, let's say the interest rate when they purchased was around 3% and they offer to sell to us for $100,000 cash. 

Purchase price: $780,000 Cash invested: $300,000 Purchased 6/2020 with 25% vacancy and a gross operating income of $10,800.