We are closing on our first STR this week!

Can someone tell me if this is correct: if the owner redeems they have to pay the full bid price, fees and court costs, 10% interest, and any “necessary” repairs (what constitutes that)?

A BNY Mellon Wealth Management survey found the 6/10 office made at least six direct investment last year with 7/10 planning to make the same number of investments this coming year. 

This will also give you education on saving money and managing a business as like anything in life, there will be income and expenses and you need to always maintain that balance.

This would be our first rental and we would be living out of state.

This home I purchased with cash.

I'm currently on track to get my real estate license this month and am eager to dive into house flipping and real estate investing in the West Palm Beach area. 

Can someone who has seen this before please confirm if the above is correct and am I missing anything or need to consider anything else. 

I am an agent, I know this area well and I will not get the price I want to break even which is about 375k.

If they are professional, they can explain this quickly and easily.