Of course, once the 10 years is up and the property tax subsidy ends, the net income for the property will be lower, and the property value lower accordingly (assuming all else equal).  

Everyone wants a better return on their money and if you can show that you can provide a better return for equal or lesser risk in a professional manner then I am sure they will all give it some serious thought.Best of Luck!

@Dawn Jones not all lenders are created equal.

If you spend less that $100, you will owe taxes on the difference.Same Size or Bigger Mortgage: The amount of the mortgage on the property you purchase needs to be equal or greater than the mortgage on the property you sell.

There are usually a lot more unknowns when buying at auctions that equal more risk.  

Or you take out an FHA loan equal to how much you purchase the property for and the 3.5% comes from the purchase price? 

If it is a 4 bedroom and you want to rent and all of the rooms are equal size (no real master), but the city only allows rental to 3 unrelated people, you may want to factor that into your potential income analysis, so local law is important in that regard.

@Jason Poelma A national lender doesn't equal to smart bankers and underwriters.  :-) They first need to learn to read a tax return.

You've confirmed a smaller down payment equals a greater return on your cash investment.

15 business days equals three weeks, waaay too long.