In most states, auction bidders don’t have any opportunity to view the inside of the property before they bid, let alone hire a professional inspector to inspect the property.

Go view a bunch of pitches and see for yourself.

I did something similar and my preference was to actually view properties so that I could get a feel for the community and area, which isn't really something you can gauge just from photos alone.

So, we make sure to get an ocean view/beach front STR.

I've maintained a Brokers license in PA for many years but view myself as an investor/developer.

Overall, grateful you took the time to respond to the little guys like me.I think that your evaluation of the cash flow perspective in your response is a good forecast of how I should be viewing this investment property, even as I use it as a house hack in (maybe) the first couple of years I decide to live there. 

If it's the former, still househack unless you're investing in one of the better growing areas that you anticipate large growth in and can view yourself as a speculator. 

This is the only way she views it as fair to the family without selling the property as I’m getting a much better end of the stick.

There's nothing wrong with it, but folks playing on social media realized you can purchase a ton of property using other people's money and you get a piece of the profit for putting it together.I've always viewed syndication like a hedge fund, except for real estate.

It's neat from a historic view, but a headache from an investor view.