I know that the auctioneer has the right to bid to increase the price but don't know what to do.

If the tenant do not take this option, seek help from an attorney.

I'm starting this discussion to document our experiences and also seek advice/insight from the BP community as we know we have a long road ahead of us before closing... and not to mention the reno!

On MLS, I see some properties in an area have $3k or $5k increases monthly last few months.

There have been talks about starting an official brokerage and having the schools be a major client and start seeking outside work doing investments and leasing.

It's an asset which has a depreciated cost basis which you increased by deferring gain from a prior proper by way of a 1031.

Add 900 sf for an increased value of 100 k?

Last time I did an eviction in Jefferson County, I was going through the paperwork and remember seeing that the notice period increased in length with the amount of time the tenant had been in place, while the paperwork for Adams County did not have that same specification.  

not doing the work yourself if you find bad things when demo is done could REALLY increase what it will cost to flip thisI am really impressed with the answers you receivedMaybe post up every room and get feedback lol

Every time you make a mortgage payment, the equity paydown you get increases each month.