Determining the cost on something like this is only something you'll be able to find out by talking to the city.

I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.

I would be happy to talk with you and learn more about you and your goals!

Go to google.com. type:site: biggerpockets.com text blastingppl talk about It at length

Every wholesaler I have spoken with talks about skip tracing.

I'm not sure what yields Priti is talking about, but I know that after you factor that tax in, it goes way down. 

Yea I have been talking to some mentors and they have stressed the importance of having instant equity and multiple exit strategies in a market like this.

Build connections with local professionals, talk to them in person, and value there time over yours.

You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.

Summary;  95% of all pre forclosure owners refuse to even talk about selling inspite of the empending auction.