Im not sure its all FoxxCon. in my market, my own homes ARV Has risen dramatically, I purchased in December for $110K (needed $20K rehab) with ARV of $170K today I could list at $199K and possibly have it bid above that, supply is tight in many markets, and in my opinion we may be on the cusp of the Euphoria segment of the cycle hitting is in spring of next year, Projections I have read from WRA and Zillow show expected price appreciation in my market north of 9% by this time next year.

And while it's still too early to tell how Opportunity Zones are going to affect lower income and other under represented segments, there is still quite a bit of housing stock available for rehab. 

Note that in Philadelphia mortgage foreclosures are also conducted as sheriff sales, and the state laws and rules to be followed are quite distinct for those two varieties of sheriff sale.

That is a distinction I could have gone my whole life and never missed. ;-) We can have lunch and I'll share the details. 

You won’t run into competition on every single deal, so you have to find that segment of the market that will work for your scenario. 

Las Vegas is easily 5 distinct neighborhoods.

This distinction if of course most important when you need to use cash out proceeds to pay down credit cards used for rehab or keep the ball rolling and re invest for more flips/investments.  

So these fine distinctions matter quite a lot to me. 

Just buy another building when the tax law changes and use cost segmentation to accelerate the amount of depreciation.

@Omar @Omar Khan So let's assume that 30k is not my entire capital pool but my risk capital distinct from my portfolio/Net Worth/Savings.