Hi Aaron, I’m unsure about where having financing comes from when I’m simply introducing myself, but thank you for your feedback.

By 'equity play' I simply mean that the cash flow in this market may not be as much as some other markets but that the overall ROR will even it out because of appreciation. 

"As-is" simply means that the seller has no intention of negotiating beyond the initial offer.

This year was a huge win for me and I'm very happy with the success in my real estate agency business. 

In regards to your question about this scenario, we simply need more info.

In our eyes, a tenant that is simply renting the unit can gather their things and leave whenever they want, so the way to determine if they really have a vested interest in staying long term or not starts with them owning the unit. 

Simply call and ask how many bedrooms, when was the kitchen last updated and what work needs to be done to fix up the house.

OP should just buy it at arms length as a normal buyer would  No hard feelings, no future angst etc. everyone wins.

Since competition is always fierce in DC, I bid an additional surplus of $63,000 on the lien to win the final bid.

The kind of problems you need to search for and that are not visible by simply visiting the property with your contractor.