I know it leaves a sour taste in your mouth, but I would still do it.

What they end up getting is a fully rehabbed house to their exact taste and end up at a retail price which is ok for a homeowner but obviously not investors.  

Why not carry a serious newbie under your wing...you'd in essence have a personal wholesaler feeding great tailored deals to your taste and getting them before anyone else.

My musical tastes would easily be called "eclectic".

Personally, this type of auction leaves a bad taste in my mouth.I saw a news story on a local station regarding this auction after the first day.

The majority of the house was decorated to my tastes and I didn't want it changed to fit every new roommate/tenant.My market was (past-tense now) students, summer interns, foreign students, fellows for non-profits, relocators, fresh out of college young professionals, and feds on temporary assignment.

I am going to Sturgis SD and have 3 sites secured to sell Beef Jerky, (BTW Best stuff you have ever tasted!).

Minimize the nuisance rent increases (everyone says a landlord is leaving money on the table when they do this but all it does is leave a poor taste in tenants mouth).

It is operating a bit too much in the dark for my tastes as a buyer, but can work well for a seller.

Tenants usually have poor taste and will leave your house in neon pink green and blue in every room