Some quick tips I recommend.First 2-3 auctions...go to watch and observe. 

Also, what pitfalls are there to watch out for?

Getting mattresses, couches and other large items picked up is expensive.If you caulked holes from the tv installation, it sounds like the patches were done incorrectly and will need to be redone.

Don't watch podcasts. 

. - besides or JV partner watching progress, on completion we hold back a portion of the payout pending a final residential inspection. 

Can you experienced investors share some insights on what factors are crucial to analyze and what red flags to watch out for?

Nonetheless, watched your serving of the eviction notice in the video below. 

ChatGPT: Write rap lyrics about using a wraparound mortgage in a profitable deal.Got the seller financed, wrapped the old loan,New buyer in place, and the cash is grown,Interest spread wide, I'm collecting the flow,Passive income stream, watch my portfolio grow.Wraparound mortgage, making money stack,Flipping properties quick, never looking back,Profit in my pocket, strategy on track,Real estate mogul, and that's a fact.Analyze the numbers, every move precise,Minimize the risk, maximize the price,Equity's the goal, profit's on the rise,Wraparound mortgage, got me reaching for the skies.From the first payment made to the final note,Wraparound secured, watch the market float,Negotiation skills, deals in the bag,Success in my grasp, wave the victory flag.

This will be a metric to watch as the year continues as one of the indicators for buyer competition.

It sounds like your off to the right start -- but watching some videos and doing some research -- keep doing that.