I have driven by the property and two of the houses I found appear to be in good condition, for sure not knowing how the inside of the house may be of course.Thanks so much for your help.Kind Regards,

I'm worried that with this being in such a great location for flips and BRRRRs, investors will be all over it if it actually gets to auction.I have funds lined up for the downpayment and a BRRRR loan, as well as my team in place to get the house back in pristine condition. 

What's real is what was always real: find a house/apartment that is undervalued because of condition, or that is right-priced but has additional opportunity for increasing value, buy it at the right price, do what needs to be done, rent it or sell it as appropriate.

There is going to be some changes in my living conditions and I wanted to move back into the property the is currently leased.

More info is needed Bryan, what state, what is it, what is its condition, has the first started to foreclose?

@Simon Obas It depends on the neighborhood, condition, what's included with rent. 

Most of the properties In favorable condition have been in the 125-150k price point.

What do you know about the condition of CapEx things (roods, windows, siding, pavement, structural) will they make it for 5 years? 

Last week, I sold the smaller house across the street to buyer clients which appraised for 174 in similar condition.

An upside to it in the current economic conditions is that multiple tenants may have 3-4 sources of revenue streams in a house where a family may be limited to one or two incomes.