Regarding auctions, if you don't win the bid do you get all your money back?

If you bring the missing skills to the table, you both win and you will learn what you feel you are lacking now.Use the calculators on BP to get you focused on deals and see what works and what does not work. 

Cashflow is easily calculated on a spreadsheet.

I have a few questions related to DSCR loans that I'm not easily finding the answers to online so I thought I'd post some of them here to glean this community's insights.

Your suggestion is a heads I win, tails you lose.

I also hear from a lot of landlords that they aren't interested because it doesn't sound like a "Win" for them.Here is what I've found works - - - - - - - (1) Picking your target correctly Theoretically, you could rent any residential space and Arbitrage it, but realistically you need to find a place where you, a total newbie, can create enough value to begin a partnership.  

It will sell mores easily and be a safer product.

The best way to win is staying in the game the longest. 

Thankfully it is month to month for you and you can easily give notice. 

Generally most people you speak with are going to provide you a quote with their "standard" commission built in and anything less would be them taking a reduced commission to win your business.