There are basically 2 choices: owner / 3rd party financing.

Basically, after six months, I can rent the property to a third party.

This is basically for showing the investor how I came up with bids, comps, and just general info on the properties coming to auction.

I hope you read this Chad... an interesting thing about cap rates is that they often indicate the 'safety' of a location.

I will order a diminished value report, which will basically tell us the value of the 11 feet and FATICO will compensate you for the loss of that 11 feet.

You might also want to contact a title company like Fidelity National Title (https://www.fntic.com/) that has local offices in the area and speak to a title officer about getting insurance and may offer some basic tips.Anytime a property even starts to go into the very early phases of going bad (from N.O.D. to ultimate auction/REO status) just go with the mindset and assumption there ARE title issues and it should be one of the first things you look at before buying ("Is there an unquestionable clean and marketable title?")

I'm just curious if the step by step guide you mentioned to Brian Stone is the same as what's on your website, which is basically a marketing funnel for click 2 mail.Not that I have anything against them, I've used them many times (not affiliated in any way).

Clients who don't want to sign contracts and want to be completely hands-off during the process probably won't want to hire you in this role; but many clients are happy to be more hands-on in return for paying you less (though I guess you could charge just as much as a regular GC if you're really good at convincing clients to pay that) to basically be just a consultant.

It's forcing me to learn the basics and terminology, even if some of it will never apply to me.

Those people 'assure' that the lender will NOT call in the loan, even if they do find out, because they would rather have someone paying on the loan than going through a foreclosure process.When I did a land contract back in 2011, that bank had no issue with approving it, and the insurance basically was set up so that the bank was 1st position and I was 2nd position.