All you have to do is mention me, or Dion, or Ken Rishel or anyone else you trust for answers.

Realistically, many properties that go to auction may be in such bad shape that they don't justify the high bidding amounts, leading to losses as I mention above. 

Not to mention there is others out there with GIANT budgets, massive systems, proprietary software to effect big efficiencies, and they can't operate at that insanely low level, there is a reason for that. 

.  :-) Congrats on those deals  I just have not wanted to take on hundreds of investors.. my one I did we raised half the one you mention ( 7.5 mil)  with only 6 investors so On a very personal level with each..

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Happy to make intros at any of those I mentioned if it'll help.

There's a series called The Section 8 Bible that is really all you need.  

Now that you mention that I do recall him saying this.

As mentioned, I would definitely seek out the advice of experts in those specific markets depending on where you decide to go. 

As is was mentioned above Fannie/Freddie require 12 months before you can use the new value to walk away with cash.