Please don't think I am bashing you.  

@Todd Plambeck I submitted an FOIA request for residential properties where the water's shut off; to say the list is huge is an understatement.Did you do any additional discovery to sort through the list, or did you just proceed to assume everything on that list is vacant?

I have Absentee owners list and wanted to know if there is anything important i need to do to the list before proceeding in mailing.

I will definitely keep you all posted with how I decide to proceed with the project.

It came out of their proceeds at closing. 

That first step on the foreclosure path is fairly inexpensive and can go a long way in motivating the borrower to work with you, and you can simply stop there and not proceed with foreclosure.

Doesn't give them the warm fuzzies especially in a hot market.How much are your 1031 proceeds?

Take a 30,000 foot view of the general direction (real estate) and start to whittle it down to 20,000 and 10,000 foot until you finally get to a laser focused niche view of how you want to proceed. 

Another option they do is pay for costs on your behalf and you split the proceeds 50/50.

As I do feel very suspicious about this opportunity, I will proceed with caution.