I too believe there will be some impact somewhere in the economy, if that impact is truly a free market reaction/natural occurrence driven by free competition, or if the change is already determined and the powers at be are simply creating the distraction they need... is yet to be seen. 

You rock, Nathan!

Additionally, as an agent I hope you are not giving your clients advice of this nature as it is a good way to lose it or wind up in a court room.  

Seems like a it was quite quick due to the nature of the renovations and the sales process.

If a property is selling for a lower than market price (below market): then you will have to slowly increase rents… that is the nature of the business. 

When attending an auction, and payment is said to be “[...]Cashier's checks made payable to the bidder as a natural person (Not as a Legal Entity)” what exactly does that mean?

That includes vision, mission, criteria, roles, financial contributions and disbursement, action plan should someone want to pull out of the partnership, what to do if something goes wrong (things will go wrong, it's just the nature of the beast), etc.

You could own the sheet rock, cabinets, fixtures, etc.

Just keep in mind, replacing an item (carpet) in your unit with something similar in nature is "not" an upgrade.  

He talks about big corporations (naturally).