If I could do that, I might get the property for what I'd originally intended, plus the owners would get some badly needed money instead of a big fat NOTHING by losing it in the auction.  

It's a quick way to burn out. 

I’ve been burned too many times.

I've seen beautiful houses on google street view, only to get there to find fresh tilled dirt and the neighbor tells me the house burned to the ground 2-3 months ago.   

When I was selling residential solar I assessed 3-6 homes a day and often saw FPE panels with charring around where a breaker had been overheating for awhile and started arcing because it failed to trip, causing the breaker to melt and the wood framing the panel was mounted on to start burning.

@Zeke Nickie So far the only two times I’ve crashed and burned in real estate has been when I’ve been involved with a partner so just be super careful if this is the path you choose to pursue.

For a while now I've had a burning passion to strive for financial freedom, experience is the only thing hindering my performance right now.

A lot of sellers are burned-out landlords who like the idea of "passive income"/mailbox money after years of chasing late rent payments, dealing with tenant BS and maintaining the property (I use quotes for "passive income" b/c no income is truly passive IMO, a wise seller will still pay attention to what's happening with the property in case they need to take it back, but collecting payments like a bank is generally easier than collecting them like a landlord, you can set up ACH with the buyer's bank or hire a loan processing company to handle it). 

Inflation could spike again we live through another Arthur burns era.

My day of wanting to buy a Jet is long gone :) that crashed and burned in 09 when the economy tanked and I had to start over.