What happens if the house doesn't sell for a long period of time or doesn't sell for enough money to cover costs?

I'm not aware of any limits on who can bid during the investor bid period.

Even after eviction, you have to store their stuff for a period of time allowing them to recover it.

I am leaning more towards the section 8 program as the applicant has more to loose i.e. a subsidized payment, required up keep of the property in compliance with the housing authority guidelines, and my belief that the tenants will stay for a period of time considering that there are limited 4 bed rooms like my place that is affordable.Davian

The goal here is to produce as much cash flow as possible in the shortest time period as possible in order to buy those passive assets.I'd love to hear your feedback!

Ned Carey - yes I am still in the inspection period and can negotiate.

They payment is a minimum of $63, I think, for the interest only period.

That poster is simply saying that their private lender permits the interest to accrue during the holding period for the rehab project.

Many times, it is no longer just about the money, it is about just selling period!

The redemption period is has expired so they own the property.