@Syed NaqviIt seems like you are in New Jersey Correct?

They will auction it off but you must qualify with them to bid in any of their auctions. 

INSURANCE□Do you have adequate property and liability insurance of each property and do you have the correct type of insurance?

Seems like some believe there could be a large spike coming and some believe there should be a correction already.

The current tenant claims they were there when he moved in...... in going through my records, my move in agent and the tenants placing agent have no record of a move in condition sheet filled out by the tenant.Lease states that if the tenant does not submit one, the house is considered damage free.House bought in 5/2014..all new paint....one tenant previous for 12 months...this tenant for the remaining time until now.My agent did the walk through post last move out and did not note any issues where she felt I needed to repaint except one room, which I did.Since its so many walls in different rooms, the estimate is $1000 to repaint these areas.So the recent tenant is claiming they were there already and its normal wear and tear and is my responsibility to fix.My position is that there is no documentation of his claim and if he had just left them alone I could have fixed the issues way cheaper since it would have been done correctly from the start....it would have been way better to just leave a bunch of nail holes in the walls than have blotchy paint everywhereOpinions?

With added budget, I could now bid on better Apartments and Office Buildings as well.

@Jim Cummings, One small correction. 

But then we started running into problems with buying correctly and being introduced to other subs and GC's who did not have our best interest in mind but their own.

A few of the houses I am interested in were not bid on at the sale and the owners are deceased.

When I was going through school in my early years, I found that the best skill to learn was how to learn itself.If you can do that correctly, combine it with books and the internet, you can wind up making the world your mentor.BUT, I can see there are certain concepts that might be counter-intuitive to my personal opinion.For instance, I keep hearing that the best way to learn is from making your own Mistakes.I try to see the other side and I do know that when you make a mistake, it's most likely you won't repeat it... but why must you make the mistake when you can learn from someone else's mistakes?