You have a healthy down payment now, even with 50k, so don't wait till next year because in Chicago you will pay 5-10% more holding out 12 months.  2015 is the year for the Cubs and for @Daniel L. to buy his first three flat!!!

Answer: they believe it will produce the highest risk-adjusted rate of return on invested capital.

But if you win the bid and dont produce the funds,You can lose the registration amount.

So a starting low cap of 4 and healthy increases gives them a blended cap rate of 5.5 to 6% over time.As a seller or a developer I would also think to myself to sell to these buyers for a premium.

The business should produce the consistent income, regardless of your personal position.  

How I feel about gold is this:  I cannot buy any amount of gold that I can grow food on, or produce an income from.  

I have a healthy rehab/unforeseen issues allowance budgeted, and have set my max bid, but am hung up on the post-auction/closing routine.

It's only worth as much as the next guy is will to pay for it, and it does not produce anything.

Anyone have and tricks to get it to produce water again?

Then, it's up to you to create an effective message with an irresistible offer.You challenge is to determine which sources produce the most profit for your money and effort.