This allows for different investors to participate (i.e. one person in your group doesn't like a deal or doesn't come through at the last minute). 

Luckily for me being my own boss and having a slow season (winter) it allows me to study and participate in RE.

I did this for 2.5 years, saved a ton of money and helped pay down student loans at the same time. 

I am a nineteen-year-old college student majoring in finance.

I seem to remember as a student that homes were pretty scarce and rented out quickly.

More than half say that the few quality assets available are overvalued.I present the conclusions of the study, Trends in the Real Estate Market in Europe 2017, prepared by PwC and the Urban Land Institute:TRENDS OF THE REAL ESTATE MARKET IN 2017The expectations of investors in the European real estate market in 2017 are marked by the lower availability of quality assets, lower economic growth and lower profitability:It remains a very attractive market thanks to the relationship between risk and profitability, but most respondents believe that last year's profit levels will not be reached.Investors believe that the impact of Brexit will be limited to the British real estate market and will not significantly affect investments in the rest of the EU:To the question of which alternative sectors can be attractive for investors, the most frequent answers are: Accommodation for students,hotels,nursing homes,shared service offices.Germany, the United Kingdom and Spain are the three most attractive European countries to invest.

As long as I find out the auction were from 1st lien's trustee, then I could go ahead to participate bid?

They are expecting 10,000 student increase in the next 5 years.The listing agent expects the house to go quickly ("within days, if not hours" he says.

I once had a landlord charge me $100 for a preexisting ceiling crack in a $500/mo student rental.

I assume its easily rented by college students but want to make sure I'm making the right decision since its my first deal.