There are some subtle and important distinctions between power of sale and {judicial} foreclosure.Can someone please suggest/share experience about HOUSE HACKING approach in Windsor, ON Canada Also answers for couple of my questions below very much appreciated  1.

A lease Option is 2 very distinct contracts...the lease and the option.  

But sub to and creative is a very hard place to start because there isn't a distinct metric in list building that can be sure these people are open to seller finance.

Then I met a woman who was worth 30 million+ due to property investment, and she said "Dean, if you get a bit of money, then get another mortgage on another house and rent it out, build a portfolio of property"Ok, sounds great.The way I see it, I have 4 distinct paths that I could take (correct me if I am wrong).

That's the distinction that I make...

Okay we need to make a clear distinction here.There are similarities between auction houses but there are differences as well.There are about 6 to 7 big auction houses nationwide that hold auctions throughout the year in different states at different times.They all conduct the auctions differently in some respects.You also have really small local auction companies that do stuff locally but do not have the size and scale of the big guys.With the reserve not being met the owner can still accept your offer or counter your offer or decide to do nothing at all.Many properties go to auction already listed for sale and then the bank takes an offer already out there or re-lists it again when they do not get their price.Auction companies always proclaim how they get these great prices but what they do not say is how many of those offers make it to closing.Not that many.

@john Is there a distinction between eviction and foreclosing? 

But it does have a distinct odor & I would assume taste.

In other words the issues you're going to confront are going to be distinct from someone who's been doing this for 10 years, or someone who's a totally different market or something else.To me your concern is one of like do I even just get started.

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