Let me know when your in town and we'll grab some coffee.I looked at several Multi-families in Anniston/Saks, but because I'm house hacking I didn't feel comfortable bringing my family there to live.

The bank wants its money,all of it.If it was a bank foreclosure sale it would be handled by the court and usually done at a courthouse or other designated area.The bank will always bid first for the full amount of what is owed and you have to beat it or let them take it back and negotiate directly with the bank for a lower price.If that's not exactly what's happening here I wouldn't touch it with a ten foot pole.Go back to the bank and get more information and verify the bank is or is not foreclosing on the property at this time.

Every one is different and you need to find what is comfortable for you.  

And if you are comfortable, meet in person after vettingthese are standard question I ask  potential clients and they ask me too b.c I also invest."

Or the Seller may tell you he is not going to do it, and that's your problem.At this point you have to decide if this is something you're comfortable doing - are you okay to non-renew this guy's lease and if he doesn't leave to then evict him?  

Beth has experience in architecture & design, (primarily commercial properties and multi-family residential), and Seth has experience managing people, process and finance.

Once you are comfortable with that you can start mailing if you want.

Our plan is to purchase a B or C class 4 plex and fix it up to be B+ or A class property as there are no 4 plexes we've seen that concentrate on the more affluent market or younger market with a draw to Modernism design.

So you may put at risk more than your Realtor designation.

We're discussing things like no early payoff for 5 years, etc. and I can get comfortable with some of those depending on the deal but I'm just curious if there's anything specific I should watch for and / or try to include in the deal on my side.