Unless this is your 5th, or 10th flip, expect to lose money buying yourself a job.

My name is Pete and I'm looking forward to buying rental property income in the near future as well as increasing my knowledge and education in real estate.

Might be better to sell and use that money to buy a rental.

I am wanting to buy a property in a online auction with the clerk of courts in my area.

I am a rookie investor working on building my portfolio and a structural engineer offering consulting on any structural concerns you have for houses you may buy, or if you want to know out a wall to open up some rooms in your next flip. 

People buy real estate and move. 

But that may not be relevant if you buy them out and its vacant. 

Don't buy the "dream" people will try to sell you.

I'm going to get slammed with a nice tax bill, but I will also make a ton of money.Every time you look to buy an asset, you should have an exit, whether it is a sale or a flip or a refi.

Lots of "get rich quick" gurus out there about buying deals with no money down or "creative financing" that when you peel back the curtain you realize is a scam used to sell courses online.