LOLBryan, you can't compete with dead people in a cemetary for a higher and (better) use, at least financially.

This year I'm going to strive to find the most competent people I can.

You can do a few things that you are competent and fast at, while you have subs do the rest.

If you are able to out compete your competitors is a huge factor.

Furthermore, HUD no longer tags the bidding confirmation numbers with the number of competing bids as is taught in the course so I had no idea about the competition.

:) Many of those buyers, especially the major players, also know what they are doing and have legal teams.

It is hard to sell it because of the high HOA, but you could build a nice million dollar home with water front in this high class community.The only problem would be that your home will have to be really expensive or it will not be able to compete with the houses around you.

Even if it's just $5 per month, it makes a difference.Another thing is offering something for FREE with move-in such as a flat-screen TV or DVD player.

Many new investors are blinded – by their own greed and lack of experience – to the less-than-enticing realities of the hidden costs of turnkey properties, and may be conned into making unprofitable investments based on inaccurate numbers and an incomplete Pro Forma.Most players new to turnkey real estate investing only look at the projected income they could acquire from a rental property, and fail to take into account total costs of doing business.

Not to say, if you are looking in a hot market, auction prices go as high as the MLS comps as retail buyers compete with investors.