@Evan Barney I have had and currently have clients going the 203k route with home purchases here in CT and from those experiences I think the following is important:Be sure to use a real estate agent that has experience navigating the 203k process from offer submission until close.

And lost on many is that the process to find leads and do marketing as an investor or Realtor is basically the same.So, I wanted a flexible schedule (because I have a job), this was huge and I didn't want my real estate activities to become all consuming of my time away from my family.

What you get there is a list of people in the county that are behind on their mortgage, and the bank is beginning the foreclosure process.

There are quite a few inspections involved in the rental process, and all of those take time. 

I issued the pay or quite notice and started the eviction process for November.

i am a noob here so the more i understand the process and reasons why are verry helpfull.thanks againarlen 

I would love to get any critiques or suggestions for improvement on my screening/lease-up process below.

You can get a better deal if the property was a short sale because in this process you will get the profit as a buyer with no loss.

I think to clarify, in North Carolina, when buying tax sale properties, the previous owner has a one year period during which they can challenge the foreclosure process by arguing they weren’t properly notified during the foreclosure process.

Thanks for the advice.Still didn't open yet a US account because I'm investing with a partner (also lives abroad), and after consulting with a lawyer and CPA it makes sense that my partner and I form an LLC for the property, which means the account I open won't be under my name personally (but we will open an account in the States).I'm not sure how much I like the idea of moving money through a British bank, doesn't it raise costs adding another mediator in the process?