@Edwin WongSince you have chosen to not indicate your actual location, why is beyond my understanding, no one can give you a concrete answer for your question regarding local auction customs.  

I'm not Particularly fond of cactus, yucca, and those type of plants, but I don't live there.   

And while doing this "internship" you should use websites like Redfin.com to analyze what properties are going for in your chosen area.  

I also have not chosen an investment approach.  

welcome @Steven Story you have chosen some nice areas of Milwaukee to consider investing in.

I didn't email my education, and it cost me 3 weeks of unnecessary waiting.5) As soon as you can after you apply and submit education, have your chosen broker sign the sponsorship form and mail it to the state.

If not, the tenant/buyer walks away from that and it's yours.Now whether or not that money can be applied as down payment or a credit to the purchase price is dependent upon the chosen lender.  

.- If your DTI doesn't make 43% (or what the bank has chosen.  

Start by listening to the PODCASTS – especially those with titles that mention your chosen niche "wholesaling."

However - it is not likely to be as stable as well-chosen RE, nor is it going to be leveraged, meaning OPM generating your wealth.