This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

There are over 300k people in the greater Amarillo area so a cool event space like this could be very successful.

You will be sick, go crazy and not get it all done and your time will be wasted. 

I am looking for advice from people who have done this in the past.

There are people who buy a longer term (12 months or more ) OPTION giving them a RIGHT to purchase a subject property, at a certain price, within a certain amount of time, and attempt to either sell the option for a higher price or close on a simultaneous purchase and sale to an end buyer paying a higher price.  

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

People that have "amazing deals" outnumber "people that actually have money to execute on them" by a ratio of 10:1 or 15:1.

Be prudent and cautious, but take calculated risks.REI meetups are a great place to meet like minded people and connect.

There are not too many people who can pay 40K cash to buy a house.