Leveraging low-interest tools (seller carry, HELOC, or DSCR seconds) to bridge the gap creatively is 100% the right mindset.Want help modeling this scenario or connecting with lenders who do investor-friendly seconds or gap funding?

This is more common than many people think—plenty of investors have capital but lack the time or interest to find deals.

If a property pencils out in a worst case scenario you can feel confident it will work in an average scenario.I'm also a huge evangelist for having a massive emergency fund.

Quote from @Dalton Foote: Depends on the landlord you want to be...The most common options I see in my experience with working with pm groups and investors on rentals:Flooring- lvp for the main areas, (some choose to leave carpet in the bedrooms) Stay away from any rolled vinyl. 

Scenario:  You've found a seller that is disorganized, confused, and anxious to sell a property quickly at a good price.  

Any help would be greatly appreciated.ThanksMatt Hey Matt, You definitely should interview lenders and brokers to make sure they have actually closed on these in the past 12 months. 5-10 Unit MFH is very tight knit and scenario specific. 

Median home prices in the $200K range are common, and because of tight supply, demand tends to stay strong.

You consider your principle, rate and years in different scenarios to see what is best.In terms of risks:- HELOC rates fluctuate.

I'm specifically looking for:The exact process (step-by-step what you do)How often you do itWhat tools you currently use (if any)What makes it painful/time-consumingHow much you'd pay to solve itExample: 'I spend 3 hours every Sunday manually updating my deal pipeline spreadsheet by copying data from 5 different websites, cross-referencing comps, and calculating ROI scenarios.

Quote from @Fernando Alonso: Hey Joe,Welcome to the wild world of Florida foreclosure auctions.You're asking a great and very common question, so let me try to clarify it as simply as possible.Under Florida law, the money paid over the judgment amount at auction is called a "surplus", and it follows a very specific distribution order:1) Junior lienholders to the foreclosed mortgage get first crack at the surplus.2) If anything remains, the previous owner (or their heirs) can claim it.3) If no one claims it after 1 year, the winning bidder (you) can try to recover it.4) After a few years, unclaimed funds eventually go to the Florida Department of Education.Now, here’s the key part for your case:The HOA lien is not a junior lien to the foreclosed mortgage unless it was formally recorded after the mortgage and named in the foreclosure complaint.