I have a lot to do in my feasibility period.

In the same time period, the median price for condos was $195,200, which is eight percent more than the same month of the prior year.

One of my HUD asset managers just sent me an email saying the bid periods are changing!

Worse, we are now past the 10 day inspection period from the agent dragging her feet.

What happens if the house doesn't sell for a long period of time or doesn't sell for enough money to cover costs?

I'm not aware of any limits on who can bid during the investor bid period.

Even after eviction, you have to store their stuff for a period of time allowing them to recover it.

I am leaning more towards the section 8 program as the applicant has more to loose i.e. a subsidized payment, required up keep of the property in compliance with the housing authority guidelines, and my belief that the tenants will stay for a period of time considering that there are limited 4 bed rooms like my place that is affordable.Davian

The goal here is to produce as much cash flow as possible in the shortest time period as possible in order to buy those passive assets.I'd love to hear your feedback!

Ned Carey - yes I am still in the inspection period and can negotiate.