I asked my realtor for a PM referral and I talked the PM and he said it sounds like a decent deal and I researched inspectors online and the inspector went and checked it out and he said it had good bones and he said he'd buy it as a rental property.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

It seems like a very beneficial program for someone like me who's new to real estate investing. 

@Kenneth Soles  lastly to put it into perspective.this is not a shock to people if  you lose a home for tax's or non payment of Mortgage.. these folks have been dealing with this for in most cases years.... its not like you woke up one day and you lost your house.the folks that really have it rough though are tenants who did not know the landlord let the house go to foreclosure..

Before taking any action, I'd like to research whether this model is truly profitable and feasible.

I remember back when it was like $75/sq. ft.

Depending on your income and tax situation you’ll most likely want to stagger the selling of rentals in hopes selling them all now doesn’t shoot you up into higher tax brackets.

He would love some early feedback from pros who are likely to use something like this.

I mean i really like my guy i recommended and he is local to the house and in GA.

Let me know if you'd like to discuss.