But for many people, it is one of a number of sources of deal flow, to add to MLS listings, wholesalers, direct owner outreach, auction, etc.Assuming you are specifically talking about sheriff auctions, just make sure you familiarize yourself with the general procedures for the auction.  

Maybe also consider if they are "good people" that work in the community and just want a safe place to raise their family. 

I help people get funding (mostly through Chase) with good terms like 0% interest for the first year.

I still recommend people give it a try and see for themselves.  

I do know one of the people who works for me has a 2 year work permit (temporary) and she and her husband were able to buy a place in Alberta.BC and ON are very tenant friendly.

People are always unpredictable, be cautious.

People care more about the appearance of kitchen appliances because they are in a public portion of the house as opposed to washer/dryers which visitors rarely see. 4.

What you need to learn in your 20s is how professional business works, how to manage people and projects, how to run an organization and how to sell ideas and concepts.

I think I went through 3 different people that were over my account because they would quit.

My first home was 6% and my wifes was 8%, so people looking at 7% today as crazy - that was normal.