Even $10K if one can determine an area likely to appreciate dramatically in 1-3 years.  2) I just sort of smh and chuckle when investors are often so afraid of class C properties.

It is rare to the extreme that the IRS redeems a foreclosed on property.. in 35 years of activily buying courthouse steps I have never seen it done and I was one who targeted IRS liens as others would not bid on them because ONE they were afraid and did not know or two they needed to put a HML on it post sale ASAP they could not afford to wait it out.one risk is any improvements you do it if in the rare event of a water landing ( IE redemption) your not going to get your rehab money back.. just what you bid.. you would get back money that you could demonstrate was used to protect the asset..

@Tom Camarda as I read from the top I was afraid you would lose the deal. 

-Don't be afraid to raise $$$ (this was my largest challenge).

You're not in analysis paralysis - you don't have a plan, you don't know what's important to you, you're afraid (which is cured by action), and you don't have a trusted adviser (a realtor) to help you. 

I'm just afraid the market will not hold up and could end up holding for some time. 

A good team will help you navigate the waters, choose the best markets and neighborhoods, and select the right properties for your investment goals and criteria.My advice has always been to educate yourself, and not be afraid to ask questions.Continued success!

I hope this helps.Keep turning stones, but don’t be afraid to the first step!!!

don't be afraid to say no to requests that aren't required.

Don't be afraid to negotiate!