Traditionally, gold is considered a hedge against inflation, however, at the moment it is only a hedge against the sinking US $.However, real estate price movement depends on many other factors such as supply and demand, interest rate, affordability at a given time, tax incentive, etc.

:D Wholesaling requires timeRehabbing requires time and moneyRentals require moneyThere are exceptions to each but that's the basics.Sorry Michael for repeating myself but I've been asked that question many times and just had that wonderful epiphany moment of simplification.

These places need to be ready for sale at any moment.

For simplicity sake in just browsing deals I haven't detailed expenses such as cpa, advertising, etc.. and am just using the 50% rule, so yes repairs look high but that really should be labeled 'all other expenses' to get to 50%.I have open terms with my bank for 15yr @ 4.5% & 30yr @ 5% at the moment which is prob average?

I think the debt is just to high to work with at the moment.

"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he standsat times of challenge and controversy."

I won't comment on this part at the moment since I don't know the PA LLC laws.

As of this moment it is a buyers market.

Don't let the emotion of the moment swing your max number higher during the bidding.To answer your question about what happens if it doesn't sell: I think it goes back on the MLS or to another auction company.

after waiting the long moment of silence, he came back and dropped his asking price by 35k.