I am actually interested in winning the property but if i don't  and it goes above the auctioning banks debt i should be able to collect the debt just purchased.. am i correct?

well for that to happen you have to own it first which means you have to buy it before the auction or win it at the auction.

I was able to talk the seller down to 255k on the duplex which was a huge win for me! 

Maybe it's your acquisition arm, finding properties, maybe it's contracting, design, list-vetting, has to be something so it's a win-win for someone who agrees to act as a quasi-mentor when you are new.

If possible, talk with some of the players -- landlords, tenants, court personnel, attorneys will all be there.

Buy right and you win either way.  

Some of these guys are willing to drive a bit for work, but if they can stay, it can be a win/win.

I know this an old topic but I think its a win/win for both landlord and resident.

Since he posted just twice, I kind of doubt he'll ever stumble across your post otherwise.This particular company, which says they move a healthy10 props per month, has a lower price point, with sales prices in the 50s and 60s, than the largest players in town such as Memphis Invest and Memphis Investment Properties.

Whether they will win or not is the question.