@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

Get an estimate from a GC to get a good idea of what is required.Market Comparables: Check what similar-sized homes with finished basements or additional bedrooms are appraising for in your area.

Residential usually the sellers are not savvy enough to go this route and usually just want their check at closing.In the end it all boils down to finding the deals.... thats not easy.

@Emily Fackler you need to check out kreia.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Just be sure to check local regulations because some spots are cracking down on STRs.

If you can get through this rough patch and the #s work, you could see your property's value double from the original purchase price in a few years.Lastly, I'd check out the Sell vs.

You can also check their reviews online at Google, Facebook, or Yelp.

I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.

Local REIA groups and meetups (check Meetup.com or BiggerPockets) are excellent for connecting with both new and experienced investors.I’d be happy to grab coffee and chat about the market or share insights.