Rent it out for a little less now....then in a year raise the rent with your tenant instead of letting it continue to sit vacant while you try to squeeze out those extra dollars.Lose the battle, but win the war.

You have three years until the process gets more expensive, I figure you might try to get what you can in a normal rental type situation (as that is all this is until the “buyer” has equitable interest), if she falls behind you move to evict, if she gets in line you have your end buyer.Even after three years you can still file for eviction and if she doesn’t show to court you win.

Sometimes people get caught up in the auction and winning. 

The brokerages fight against each other to win listings from pension funds, insurance companies, Reit's, developers, etc. as it can be a constant stream of business for volume versus ONE OFF listing transactions.I specialize helping buyers exclusively on the buy side more.

It's easier to negotiate a win-win deal when both parties know you don't have to 'prove' any lease violation, non-renewing is just not viewed as negatively as threatening eviction and it gives the tenant time to actually get another place.

I am always willing to learn and love opportunities to partner with people to find a win/ win relationship.

The tricky part is, this is an online auction for a local home, so we have to have proof of funds after winning the auction.

SMALL WINS.

I'm noticing a lot of people in this game are operating on low capital because everyone has been winning the past 6+ years. 

While it may seem that buying from auction is an easy win, unless you're a professional and can tolerate the risk associated with buying at auction, it's a bad idea.