Very quick, very easy to find renters.

Quick question as an aspiring foreclosure investor:In the event that you purchase a property at foreclosure sale in Florida and the homeowner redeems, what happens with the money you bid?

(attorney Quick deeds are a must for that scenario). 

Psychologically, studies show, paying down the balances that you can pay off more quickly in most people's cases actually lead to quicker debt elimination.  

The condition of the properties is a pretty quick check.

This guys thinks that you can get rich quick flipping houses - because they exclamation points adds emphasis, but in realty I'm not even looking to make as much as I do from my 9-5. 

Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properties- I have an LLC formed, but currently don't have any properties under it.

A quick pre-check on this last applicant seemed promising until the low credit score came up. 

The GNND program seems great for building quick equity as you mentioned, but I don't really like the 3 year OO requirement.

Thanks for the responses @Jeff Kehl @Michael Flight @Joel Owens and @Ronald RohdeAppreciate the additional thoughts/factors to look at regarding VPD numbers Joel.Assuming there isn't someone on the message board who could give me a quick tutorial/instructions on how to find the numbers myself on TXDOT's website, I'll try giving them a call.