Please continue the discussion of this bad situation here.

Doesn't give you much equity if the market continues to drop.Thoughts?

I would get buddy buddy with a young hard working energetic Realtor who will help you out with MLS comps.With that said make sure you compensate your Realtor for their time - either by selling a property with them at some point in time or buy them lunch every once in a while or...something, - you don't want them to feel used, or they won't continue to help you.

Or rent it out and hope to gain equity over time via the principle payments and hopefully appreciation.Please continue to let me know your thoughts!

He will continue to bid against the other bidders until one of the other bids is at or above the upset cost.

To continue the above example, if you buy a house to rehab on Apr 1, you'll get a credit for three months taxes.

Good for you for snapping up "deals" but if your market continues to drop, your profit will drop with it.

I don't hate my job (I dislike it when people say they hate their jobs), but I have no desire to continue here long-term.

I think it is great that you've already jumped in on the forums and I hope that you'll continue to participate and get involved in the BiggerPockets community!

And if the property was under contract, why were you expecting them to continue negotiating on price?