Boat loads of networking is your best route here 

I recently turned 18 and am gonna waste 0 time.

Needs gut reno -new elec, plumbing, remove interior staircase/ add exterior stair, remove hallway walls which are structural/ load-bearing, etc  ($200-300K) AFV $3m.

Using that same "logic", if the people that rented out those short term rentals through out the food they didn't eat in the fridge when they left, how many people could that food have fed if they didn't waste it?

I wasted my time at auctions where the bank set a reserve price, don't tell you about it, and I get a letter in the mail saying "no go" because the bid is under the reserve price.As to how banks look at it, the mortgage due is the determining factor.

No disrespect, but I think this is a complete waste of time and energy.   

If they are bank owned foreclosures do not waste your time trying to find the owner as it is a bank and you will not be able to work directly with the bank.

Do not waste money doing a 20% down.

With the PM's I am just worried they will be all to eger to off load a underperforming property.

Yes, it was crappy of them but any further time or thought put into this is a total waste of time and energy.....move on.