That doesn't seem like a good investment to me, it becomes very much a gamble on appreciation. 

If so, am I basically taking a gamble at purchasing through an auction? 

. :)Not sure were this cash flow is gold and appreciation is gambling ever came from...

It requires extensive experience, but you have to be willing to gamble a little bit to be successful.

I have some interest in going out to the UK sometime anyway.

While we were never overtly irresponsible with money (i.e. gambling debt, drug habits, credit cards, expensive cars), we moved many times, did PhDs, and spent the better part of our 20's and 30's doing things that might have been personally enriching, but were at some level exploitative of our time and not financially beneficial.

I am 18 and i just I want to go for something big. Im fascinated by Real Estate and i need some guidance on how i should go for it. I have always loved the feel of it and i want to strive for success. I need experienc...

I would like to increase my portfolio but I am probably going to relocate to the UK soon so I was wondering if I will be able to get OPM to finance the purchase.

You make a very interesting point that I didn't even think about how some agents take a gamble working with people for weeks or longer to only realize that they don't have funds to close.

I have begun studying real estate so as to know more about the facilities that I would rent or buy, and to know the best options available to me.Any advice is much appreciated and if anyone is from Southampton, UK please don't hesitate to get in contact with me.Nicholas Finch