Add to that the fact that the property probably feeds schools below a "6" on GreatSchools.org, and you have further reduced your pool of interested investors.None of that is said to discourage you, just to make you aware of the reality of the situation.  

He gets consistent work and referrals from our end.  

The MLS listing is simply advertising to feed buyers to the auction.

Be consistant  

I had to look it up; now I know how to use @mentions in a feed. 

If you buy something cheap enough that there is a big margin of safety, you might not hit homeruns, but you will consistently hit singles and not endanger your capital. 

Sounds like a good deal until you have to feed them.

Be sure to post possible deals you find on the forums for feed back and comment. 

That interests me most because of the consistent cash flow it can produce. 

Vacancy is next to nothing, and rents have been consistently and quickly increasing over the last 3 years.