@Irv Rollman Definitely consult an attorney, but me personally, I would wait until you have a property. 

I would not wait, if your confident in your rehab and price it right you should not have a problem.

Id imagine they need to wait at least an hour before voting again

I also have about $10K sitting in my bank waiting to be used on a smart decision.

But the market is changing and if that's the price to pay, I will have to wait it out or work harder to find off-market deals.

After running the math I decided I wanted to buy a few investment properties to get me started and wait for a better opportunity instead of buying.I'd be interested in seeing what is available and out there, I am talking with a turn key provider now - out of state. 

I waited as the Commisioner announced all listings that were postponed before he began the auction.

If you are getting a loan for the property and don’t have potential buyers lined up then you could be waiting awhile which will eat away your profit quickly.I would figure out your lending 1st.Let me know if you have more questions.

I had to close fast and couldn't wait for syndication attorney to draw up documents and go through the formal fund raise process. 

Explore how many folks here lost tremendous amounts of money - 100s of $Thousands, or more!