To your successJosh  I agree with Josh, your job is not to break even, your job is to profit, so work out a win win so that you can profit

If someone commits fraud, you can go after them in court, but these days, unless you can supply proof that they intentionally deceived you, it's unlikely you're going to win.

You need to understand it as well as you can and as closely as if you had done dozens of deals yourself as possible.You have to develop high levels of conviction that this is the business for you and that your deals are a win for everyone and then be able to intelligently explain all of the details of a potential deal to your would be investor. 

If it isn't a win x3+ for everyone involved on some level/s (82% of potential buyers currently can't 'qualify' for a mortgage, while MILLIONS of properties STILL wouldn't cover the +/- 15% (assuming no serious repairs, etc.) to hire a brokerage, cover 'buyer concessions,' closing costs, etc., etc.) then WHY do, a deal???

What we have realized so far is, even if we are following all the rules and abiding by the law, if a renter feels like it, they can easily cost us a fortune even if we are correct and will win in court of law.

My seven year old beat me to the fast track just yesterday, but I ended up winning my cheese first.

You have a 20% chance of winning the bid and closing on it to get a commission.Conversely you are the listing broker/agent.

but once you purchase win the action on the Senior Lien.  

Win win in my book.  

The winning bidder from the June 15 sale with the Trustee's Deed can bid at this sale but why would they?