Big win!

Buy as low as possible because that's when you set the whole deal up to win or fail.

So if I make $6,000 in value and only maybe $400-2,000 in cash flow, that still seems like a win, especially since the loan will be paid down by roughly $2,200 in the first year.

Making the smart move is based not on whether you win or lose a hand, but if you played the hand correctly based on probabilities. 

Here is my rationale - its a “win” for me b/c I free up cash w/o spending on closing, etc.; i don’t have to move (its close to where i need to be) and its a “win” for them b/c they get an investment property w/o traditional bank costs and they get a renter straight away.

After three years the winning bidder can file a foreclosure lawsuit and own the property free and clear if the owner does not redeem before the judge signs the foreclosure order.   

So far I've read a few books which includes the famous "Rich Dad, Poor Dad" and "Set for life."

But it would be a win-win if they find a more affordable place to rent and you can replace with a more reliable tenant.Best of luck.

Some lucky people will take winning bets, but it's not based on rigorous analysis.

I have great math skills, a very strong work ethic, common sense (which isn’t as common anymore 😂), social/interpersonal skills, and more, all of which I believe can benefit you and take off some of your monotonous work load, while helping me learn the business hands on, which I see as a win-win.