Regardless of whether you have to sell distressed property or a perfectly healthy property with an income, a real estate auction can speed up the process for you, without creating any of the barriers that conventional methods of real estate have.Let’s take a look at some of the most important reasons to consider an auction for your real estate, whether it be commercial, residential, vacant land, industrial, apartment, hotel, or office. 1.Only Qualified Buyers Make it to the Bidding RoomBefore conducting an auction, a professional real estate auction company will require bidders to complete their due diligence and have proof of funds.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

If you have a mortgage on the property then Consider an LLC with a land trust.

If neither of those conditions exist, there is no reason for the homeowner to even consider an investor offer, and you'll be wasting your time if you send out marketing that causes those people to call you.

I wouldn't want to waste much time talking to unmotivated sellers that might expect full price of their house.You may want to consider an out-going message that is more specific to the motivated seller - "Need to sell your house fast?

You might consider an inconspicuously place mounted lockbox somewhere on the property.

Purchased price $55,100.Rehab Cost: $50,000ARV: 160,000The property is consider an unsafe structure by the city, and has violation due to illegal additions ( one bedroom, and a separate efficiency).

I live in what I'd consider an "A-"  area for my location and we had drug dealers rent the house next to us.

If you consider an out of state BRRRR I would highly recommend flying out there.

Dave Van Horn writes a lot on this, but if your goal is to mitigate risk, consider an umbrella insurance policy and perhaps having someone put a second lien on the property so there is no equity to go after.