For example, a tenant proactively txts me that their car died and they had to fix it to be able to get to work.

Here's what auction.com said about the transaction details: "Buyer will not be charged a Buyer's Premium for this property.If you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to purchase title insurance without delaying the closing (title fees typically cost between $500 and $1500 and are based on the purchase price of the property).

Do you mean that my monthly return would not be as high since the homes are typically cheaper?

The typical investor profile is GenX or millennial individual or couple or a 1031X investor, seeking to maximize their working capital and cash flow.

For example a company goes out and buys a property for $200k.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Here are two examples to help you understand this:1.

So septic costs are primarily based on how many bedrooms the house has as they typically require 100' of drain field for each one.

We like to have the ability to walk away from a deal if something goes south and typically will use the finance contingency.

It pains me to say it because I typically avoid HOAs, but what about teaming up with the neighbors and forming an HOA?