Hidden gems in the answers here, for sure!

I think Ohio sheriff sales start the bidding at 2/3 of the assessed value.Depending on the type of auction, I'll bet it has a hidden minimum price and a right of refusal.

If a house has a finished basement (meaning the foundation is hidden in one or all areas) don't buy it for any price (let the investors who are also basement contractors have those). 

I’ve had some good success with REO’s but keep in mind they are generally sold “as is”, so if there are hidden issues you could be forking over quite a bit in rehab or repair costs with foreclosures or auctions. 

Our Fire Chief is a friend so told us about that little gem.

It was built in 1890.The home has a cinder block basement and siding for the exterior.What things should I look for that may be hidden.  

Anyone with special gems or information for the D.C. area for a hungry beginner will be greatly appreciated.

Some counter kid at the local Dollar store was selling it for $1/roll, I bet he had the rest hidden in the back storage area.

I don't say the owner-occupied part to say I assume this neighborhood would be the same, but there are hidden reasons why the rentability on a property might suck.

I appreciate the thorough reply and got a lot of little gems out of that!