In some instances the bid minimum is at least 30% of the UPB.

For instance, my common EMD on a regular purchase in the range of $200k-$300k is $10,000.

Of course, since we are discussing a short sale here, it's unlikely that the bidding will exceed the debt owed, so unlikely for there to be any overage in this instance.

In the very few instances where data or information was supplied after appraisal that I missed or I didn't have acces to, I revised my appraisal.

Now, corporations are famous for double-taxation, i.e., they pay corporate income tax on their profits and if any of those profits are distributed to the shareholders as dividends, the shareholders pay tax on them.

I'm assuming if you can show evidence of a home being vacant, MLS pictures for instance, you could take possession at the confirmation hearing, correct?

I had one instance where this worked in Southwest Florida.

For instance, in the house I just bought and am remodeling now, I replaced the plumbing fixtures (i.e. water lines, valves, etc); the sink & tub faucets; the water heater, etc.

For instance, a new roof would not be 50% of the rent going forward, it would be 50% of the rent from the day the house was built.

In many instances those people have wasted their lives (up to this point), while others with much, much less have succeeded.