Tenyee,You could not have chosen a better online resource for education and networking in Real Estate.Best of luck to you!

It's always a gamble.

You could not have chosen a better online resource to educate yourself. 

Also, if wholesaling were simply a matter of purchasing the property outright, then most wholesalers starting out with no resources would have never chosen real estate as a business.

She has chosen her sister as an assisted caretaker but I don't think she is around very often. 

At this time, we don’t know enough about the industry or our market to have chosen an approach to focus on (flip, buy and hold, etc).

I have chosen this for multiple reasons.

@Edwin WongSince you have chosen to not indicate your actual location, why is beyond my understanding, no one can give you a concrete answer for your question regarding local auction customs.  

They then go from 5 million to 1.5 and run with their tail between their legs for awhile to lick their wounds before they jump on the next cycle again.Another mistake is to tell yourself you have some good properties throwing off cash and then it makes sense to gamble on a marginal deal that might work out.

And while doing this "internship" you should use websites like Redfin.com to analyze what properties are going for in your chosen area.