However, I have never seen an occupied home sold and the auctioneers ALWAYS provide an open house for interested parties to tour the home.

But for what ever due diligence issues was not able to close on the majority of them.Had my closing team run title on all the ones I had under contract they would have simply been over worked on things that would have not generated any revenue for anyone.Out of the 2000+ that I have closed less then 5 had title issues that prevented me from closing.Thus the key is to have excellent team around you and if you are new to the area or working with people you don't know make sure you understand what you are doing.As far as your last comment about being a wanna be investor check out the video bellow of a tour of my operation.http://coachingbypeter.com/the-new-office-empire

When I first took a tour of the property, the smell of money hit me as soon as the door opened…cigarettes and urine!

I'm almost ready to go on tour!  

I suggest that your tour some nearby rentals and see how you stack up.

---------------------------------One thing we do to cut down on vacancy is do a video tour of the property when it is vacant and presents well.

For example, they host a rehab tour event that allows investors to tour different houses currently being rehabbed and you can do different construction activities, inspect the home, etc.

Josh is trying do the Tour de France on a tricycle--and he's never ridden a bike before. 

Tour the area, take a day and drive.

welcome to the club We are looking for good people please contact me I can give you a tour of our brokerage, and additional information