However, it seems my local area (San Jose / Bay Area) might not be the best as I know most of the win is in the buy.

Let's win together. 

Either way, you win the auction, you have access to deed on the property.  

Actually most potential guests ask how far to Dollywood and how far to hiking (arguably Gatlinburg could win the hiking).

Reason, if the individual is willing to give me top dollar rent and thinks he can still make a profit, then it's a win/win.

You can win (or lose) either way. 

It’s all about solving problems and creating win-win situations.

:Initial investment:€3,000.00 – Rental contract, First, Last, Security Deposit€3,056.68 – Furnishings/Consumables€1,308.03 – Taxes/LegalTOTAL – €7364.71 Average Monthly Gross: TOTAL – €1820.33Average Monthly Operating Expenses:€127.25 – Utilities€191.10 – Taxes, Maintenance, CapEx€289.15 – Management€1000.00 – Rent (*See Master Lease Strategy) TOTAL - €1,607.50Average Monthly Cash Flow - €212.83Est. months to break-even - 35 monthsObviously, there are a lot more details (challenges, wins, etc.) to this story.

. :-) Even if you win the war, loosing the battle can easily wipe out all your profits and more.Think about that recent CA AirBnB case where the lady was in the guest house for almost 2 years with no rent?  

Personally, we saw some great deals, but there were others with different modeling that we have that had us winning very, very few bids.