I am not finding many hard money lenders in Michigan online.

Concentrate on learning as much as you can about these places online and from visits.

I've seen somewhere about online appraisals but I doubt that would work here, what kind of lender would use them if so?

Normally, you could say that the bulk buyers could suck up more properties but the problem is they can't get them online faster than the army of individual investors out there could.

I'm guessing you've done the basics of using different death records services online and the newspapers obit records at the local library?

But if its commercial, all bets are off.

I'd bet the "They bought the call option that is now worthless" and "Too freaking bad" approaches taken by investors engaging in deals like this is why that law exists.I'd bet if you said to these buyers "you bought a call option that's now worthless" that they would look at you with the deer in the headlights look.Having said all of that you likely shouldn't have sold them an option to start with because the investment is not suitable for unsophisticated buyers.

However I have seen information online which says that you can now have 10 investment property loans under one name, so I am not sure what is the correct information here.

This means it is shared loss/gain proposition and you assume potential liability for any losses including legal issues that may arise.Essentially, your betting that your operating partner has the skill and experience to find, rehab, and manage the property.

Many people pay the taxes before the close, so there's no sense wasting a bid on a certificate that my become unavailable right before the close.I've spent a little more time looking at last year's auction results and realized that the top 6 winners, based on amount they purchased, all had bidder numbers in sequential order (except one bidder but I'll explain).When you sign up to participate in these online auctions, they assign you a Bidder Number.