After a few months of research and educating myself on wholesaling and the proper way to go about things I finally made my first offer.

Hey Jon, I've had several different companies over the last several months, it looks like they are coming in around $330-350.A few of the things I look for:- Education: I like to work with inspectors who help educate me on maintenance-related issues.

I am educating myself like crazy right now.

I am not an accountant and u should speak with yours, but this being an educational event, u should be able to claim it as educational costs.

After the house sells, look in the public records to see who purchased.

Jon -While I agree that for most people in most situations, a house is *NOT* an investment, I also think that that your analysis above for the value of a low-interest loan is actually a great argument for why more people *SHOULD* be buying homes and taking out a loan.While not everyone will be able to take the money and generate a significant enough return that the result will be substantially beneficial, there are a lot of people (like most of us here on BP) that have the right mentality to make that achievable.Again, for the general public that has little expertise, interest or experience with investing, I completely agree with you.

Education - Try to learn a little bit about the various types of investing Real Estate has to offer.

As for Denver County auctions...In Colorado auctions are held by the public trustees of each county.Below is a link to the Denver County public trusteehttp://www.denvergov.org/clerkandrecorder/ClerkandRecorder/Foreclosures/tabid/437349/Default.aspxI have not attended Denver's Foreclosure Sale/Auction, but my experience is that the public trustees required a certified check(or other good funds) at the auction.I would certainly speak to expert before participating as it is a buyer beware (caveat emptor) purchase: -No guarantee that the foreclosing lien is in first position-No rights to inspect-Can be redeemed out by other jr lien holders after sale-Persons may still be living in the property and require eviction or other arrangements-Lessees may have a grace period to leave-All sales are finalI am not an expert and that is just my personal understanding.The aforementioned is personal opinion and none of the content should be considered a binding offer or agreement.

It is not often (in fact, to my knowledge, not ever) that you will find an event of actual pure education and networking with actual real life investors who do this for a living.

There should be a public hearing to get neighborhood feedback.