my wife and i are considering bidding on a hubzu auction house. we would like to know what due diligence generally consists of. this will be our first deal and it will be our personal residence.any advice on what exactly we should check out would be much appreciated thanks

So, you get a shady tenant who games the system, cheats landlords as a practice, and a company that helps them with the scam.

Around here most people drive cars that are a bit older and much more practical than something fancy.

I plan to make that a practice of mine.

If you’re interested, as @Steve Wynne mentioned, I cohost a networking meeting for the local BP community, just set up a keyword alert for Meetups in Tacoma or send me a PM and I let you know about the next one.Hope to see you around the forums and around the Sound.Taking consistent Action,Kevin

I guess you could get lucky though and invest in an area that really shapes up.I appreciate the practical, situational advice though.

I am a license agent on health and have provided individual and group plans for 20yrs as part of my practice.  

Just be patient and consistent.  

They already know you, they are familiar with your offer and they trust you (because of the repetition, you demonstrate consistency, you are not a one flash in the pan and then never heard of again).

Be patient and consistent with what you do.