One thing that would be good about buying a cheaper new car is the need for a loan, and that loan can help me establish much needed credit history

Network - Relationships have been recently established with key Rain-Makers in the Athens market and of course, through BP.

In that case, read 'The Mathematics of Gambling' by Edward Thorpe to at least make sure that you are make the smartest bet you possibly can.

@Ravindra Sridhara assuming you are looking at SFH, best way to find out the ARV for a property is to establish a relationship with a realtor so s/he can run sold comps for similar properties in the area off the MLS

I know someone who hired a "professional" who found them a well established professional tenant who had a track record of paying 1-2 months rent and then living free 2-3 years while fighting evictions in court with every trick in the book, all because this professional leasing agent didn't do any background checks. 

In the good times middle class have money for these types of establishments to pay for quality.

•Every bidder will have the opportunity to top the high bid until the highest bidder is established.

My wife and I own a few properties and would love nothing more than to establish an entity to protect ourselves and our assets. our problem so far has been that since our properties are all mortgaged, we would be afraid to move them into an LLC or any other type pf entity for fear of the due on sale clause. do any of you have any experience or advice regarding this?

It limits the risk and gives you valuable experience.I would not recommend using family money until you have established a track record of successful flips.

What is your marketing budget to establish a strong pipeline of deals?