You win some, you lose some, but overall it makes a profit.

Once they are the winning bidder they hold the property for the 6 months timeline if no one can buy out their taxes and then sell it to get their taxes back out of the property at least what they can. 

., each state operates differently but I believe with auction prices you have to actually win the auction and make the payment for the house within a very short time period, likely not enough time to raise money from private money investors or hard money lenders.

Many times, you will get a better deal offering 90% of MLS prices than what many people bid at the auction- just to win the house!

Thanks for sharing your win!

I do however see some merit in avoiding evictions during a pandemic while people are out of jobs through no fault of their own, no one is winning here. 

The tortoise always wins the race.

Just because someone wins the lottery doesn't make it a good investment. 

And, if I happen to win the property, I want to make sure to protect myself against any claims that may emerge.

She jumped at our every request to win our business.