I am a recent grad about to start my next level of education.

You can get into the business with low funds but it may be better to bird dog or try to assist an experienced investor to learn the business. 

I set up a minimum price so I have control over how low they can price the room. 

That way you know if its low, high, or average.Are you making purchase with all cash or HML/PML money?

Where We Spent MoneyThe Countertops Everyone loves quartz especially b/c it's low maintenance.

Depending on the value of the property you will need to show up with $x,000 in certified funds to register to bid and if you are the high bidder you will need to increase your deposit to y% (typically 10%) of the high bid within a couple of business days. 30 days settlement is standard, so financing is possible.The difference in risk level between private auctions and foreclosures is huge.

I have mostly low-income tenants with poor credit (which is fine).

With interest rates so low it has driven down cap rates.

The Medford rental market is strong and has very very low vacancy rates .5% - 1.5% fluctuating.

Hi BP community,I'm fairly new to the Los Angeles market, but am aware of the low caps, competitive prices, and low value-add opportunities.