From what I can tell, it typically is rented 100%.For me as a new investor, the real concern is that the owner is asking for $130k.

Most REO properties have a minimum commission of $1000 (regardless of how low priced the property is), which is usually enough to motivated agents that typically deal in these types of properties.You just need to find one of these agents...

The borrowing provision on a 401k allows you to borrow (typically) up to 50% of the vested balance or $50K, whichever is less.

But tax valuations in general are a poor metric of value.As far as Loopnet, pristine stabilized properties in A/B areas are typically listed too high, I'll agree with that.

Lastly, what is the total commission typically that a seller pays.

Curious what other foreclosure auction buyers are paying to previous owners and tenants when you need to resort to cash for keys.We typically budget $2500 for owners and up to 2 mos rent for tenants.

Typically, the promissory note would specify that insurance is required with the lender named.

Neighborhood has little pride of ownership, drug activity, etc. there are jobs as its next to a large prison, schools and hospitals.Rents really cannot be increased as there are new developments renting new 3bd homes for as little as $600.Tenants are typically short term and if screening is tough the units remain empty.

You as the "B" party typically need to be on title for 24 hours.

I'm just getting involved in the market and don't agree with the typical terms, but in Orlando here is the standard:1) $2,000 deposit2) Non-refundable3) No inspection periodSo, as you can see, you really have to do your due diligence and know your stuff when dealing with wholesalers.