I think this because of analysis I performed on the properties.

I am a big fan of "A" type properties as I have a bunch of these in my own portfolio; on paper these returns do not look as good, but in the long run, these properties consistently perform better then the Pro Forma.  

We successfully negotiated the short sale but in the end I was out smarter by the buyer/investor and they didn't perform and saved 100k at the trustee sale cutting me out of a 60k commission.That was the day I understood I had to be in better control of my business.

@Lauren Burkert#1 - Have him give you an updated invoice for the work performed.

Folks will think they are bidding on a property’s first position when in fact they are bidding on a junior lien and in fact will not own anything except a non performing note.

I used to do this when I was playing poker, where I started a $200 bankroll and by playing $2 tourneys I ended up playing a lot higher stakes to $215 tourneys.  

I always perform accurate CMAs, estimate repairs with licensed contractors, and I only ever present properties to you that meet your investment criteria."

In Las Vegas an eviction takes 28 days or less and costs about $500 (compared to ~1 year in California as an example).Long term:Metrics like ROI are only a snapshot in time; how the property is likely to perform today. 

If equity exists, you may be willing to purchase the property 'subject to' the existing liens and take responsibility for their satisfaction.If you buy at the foreclosure auction, which should be remembered as the forced liquidation sale of collateral, whether by judicial sheriff sale (or non-judicial trustee sale, in other states), you must perform your own due diligence, including researching title for other senior liens, in addition to valuation, repairs and occupancy status.If the property goes to sale, reverts to creditor (rather than a 3rd party bidder) then that creates a situation whereby the creditor/bank turned owner may sell the asset, but not before.

I was never interested in guaranteeing to buy a home if it didn't sell during the listing due to the possible accusations of not properly performing our fiduciary responsibility to the seller.