Cost will depend on judicial or non judicial foreclosure and other factors such as how long it takes.

It depends where the house is ... look for a very local small bank.

@Luis AguilarThat may be true, depending on where your credit score stands now.

depends on the banks.

Offer $119K (or less depending on your value proposition) with seller taking second position mortgage for $59K.

The value depends on the buyer.

The answer depends on the speed you can get a simple, professional website with basic information and a fillable form to capture customer data.

That does not include your brokerage fees as they are dependant on who you elect to affiliate with.While it takes about $1500 to obtain your license Real Estate, it is relatively one of the cheapest occupations in terms of start-up costs. 

Or with a duplex driveway, one could try a snowblower or one of the body sled type shovels (depends on your amount of snowfall and personal fitness/interest).

@Josh CarlegisI think it might depend on what Texas will do for the flood victims.80% of home owners in the area do not have flood insurance because they weren't required to do so.