That said, there is still a "proper" price for the asset which accommodates the amount of time and capital demands to dispostion the asset.

Real Estate biz, if done properly should be exponential.

It would be great to pair pictures for before and after effect.

IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again.

IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again.

Depending on whether I contact the owner or lender, what would be the proper approach?

In Florida, assuming the HOA was properly named in the foreclosure, they are only due 1% of the original loan, assuming the HUD takes it back at foreclosure.

This is a great site, and paired with local connections are really helping build up my knowledge and confidence.

Contractor did not properly screen the tenants.After two months of the moving in, he gets a phone call from their previous landlord, who apparently proactively tracked down his contact information down to inform him that the four guys were bad news.

As the other posters say, this is usually done only with clients I have extreme experience and confidence in and also who have funds to put in.As a lender or JV partner, we can't properly vet an auction property before you buy so the risk skyrockets for us.