Maybe you can get for a lower price?

I have outlined a high-level plan below. 

It takes a level of discipline not to be the winning bid on a property, but if the numbers don't work you have to walk away.

This new one comes with a lower premium and deductible, but I'm still dealing with being assigned to technicians who don't show up on time, if at all, and having to explain my issues to representatives who don't seem to know that much about home issues. 

Have a great cash flowing rental but wanting to take it to the next level.  

Do you find it difficult managing multiple people under one roof in the lower income classes?

At the end of the day it will need to all be determined with the comfort level of you and your investors.

It seems it could work for lower priced properties as an alternative to hard money .

i know i’m over simplifying, but at a high level i just want some feedback on tax reporting for syndications from you experts.  

If it's a junior lien holder, still, they aren't going to bid anything after their total debt but other bidders might get into a frenzy thinking they are getting a screaming deal (If they didn't do their homework about other liens).Even where its a run of the mill senior lien holder foreclosure, they still won't bid over total debt but, they might set the opening bid lower than total debt if their analysis shows the property to be worth less than total debt.