Rehab/Auction

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For those of you who get into rehabs, how often do you buy properties at foreclosure auctions? I dont see alot of people here that purchase from auctions. In general, do you find most of the good deals go the route of short sales before the aucion? For those who attend auctions, what is your opinion on the availiable properties? How often are there homes with enough equity built up to make them worth while?