Typically, they'll look at factors like your credit score, experience in real estate, and the specifics of your project, such as the property's ARV (After Repair Value) and your planned renovations. 

Does the bank have any obligations to inform me and the tenant on planned auction date?

I recently had a conversation with a mentor who mentioned the possibility of getting my real estate license to become a part time realtor if I were to get a 9-5 job since I plan on buying some personal real estate investments soon. 

I'm very interested and will plan to be there.

I'm planning on purchasing a property (condo) soon. 

My plan would be to buy a home to live in for 2ish years with the goal to rent that home as well.My main questions/points of thought for this forum would be:1.

Hello BP,I am a new real estate investor and I recently opened up my LLC for real estate as I am getting a rental property in the next month and plan on continuing to build my portfolio with the BRRRR strategy. 

Josh,Thanks for the feedback on your approachSounds like you have a solid plan of attack.If you think of it, would you mind posting the outcome here when the deal is complete. 

Long term we have plans to move there.

I have funds totaling around 20k for a down payment (100k home), however for my planned strategy I’d like to target homes at max 200k which should require a 40k down payment.