Keep running your numbers and be ready to move quickly when you do find the property that works for you because chances are that if it really is a good deal then someone else will be ready to roll if you're not.  

As new apartments open across the city in record numbers, vacancy rates have grown, rents have stopped rising and landlords are offering an increasing number of freebies to get tenants in the door.For years, the Seattle rental market was so heated that renters would constantly monitor online listings and quickly show up to available apartments with checkbooks and references in hand.

customers I hadn't planned on acquiring.

I was hoping someone with some foreclosure/auction experience could help me out with a quick question about the process in general. 

Super quick read. 

We paid for the property in cash and were able to close quickly.

You can start analyzing 1 deal every single day until you get comfortable looking at properties and making quick decisions on whether to buy or not.

@Ann Bellamy Thank you for the quick reply!

I'm not in it for the "get rich quick" schtick, this is a long term play, hence starting young at 22.

I feel the need to point out that I know this is still an undertaking that requires a great deal of work and knowledge; I don't want anyone to get the idea that I'm looking to "get rich quick" or anything of that nature.