Are there any other creative solutions?

I'm trying to gain access to the MLS to get reliable information on recently sold properties.

Currently most contractors estimates have been extremely high, so my crew out of Detroit travels to West Michigan to work on my rehab projects.....so just wanted to see if anyone here knows a reliable & affordable, contractors in West MI...thank you in advance..

I need mentors/ reliable partners for my very first deal.

Easiest way to get started is find a reliable, trustworthy "turnkey provider"   (search it on BP).Although I made a lot of mistakes on my first deal, a good turnkey provider can walk you through the whole process.  

We didn't want to bid on it anyway...because we felt the margin was too thin...but so many similar scenarios existed with houses with enormous Judgements and Liens, yet never made it to Auction....Perhaps other investors were offering solutions to these owners that allowed them to save their properties through a loan or other arrangement??

@Vricia SanchezI love Bakersfield because the lower cost of homes compared to other parts of Southern CaliforniaThere's two problems right now, sellers have no equity and buyers of a hard time getting financingI coach lease-option assignments where you talk to the sellers and show them that when they sell with an agent, pay 10 to 15% of the value of the house to sell, when they add up all the costs: commissions, closing costs, seller concessions, Piti costs while selling, etcSometimes sellers have to pay to get rid of the house or they have no money to move forwardThe solution is lease to own where home owner enters into a lease option with you the real estate investor and then you sell your paperwork to the renter home buyer who was having a hard time getting a mortgage Real estate investor earns generally 3%, 3% of 200,000 is 6 grandPm me if I can helpBrian

One quick solution is to have the seller carry the 2nd if your loan officer is creative enough to structure that seller carried 2nd.FNMA has specific guidelines on what 2nd's are acceptable make sure you adhere to those guidelines. 

Depending on your state and the disclosure laws- the mls may be the only resource for reliable comps.

It will be hard at that monthly all in to get renters to cover that expense and for you to not have a financial burden.You're on the right track and keep looking into options, I just don't think this particular house is your solution (unless you get it for a steep discount.