Today was my off day, and I decided to tag along with friend to the second most popular auto auction in Cincinnati.

OP  let us know what you decide to do and chronicle it for the audience I know this is a popular subject to many

The strategy is best described in Joel Greenblatt's fantastic book, and an outstanding practical guide and tool for executing it can be found over at the Magic Diligence website.You can do either (or both) of those using the "leverage" of Options, allowing for substantial upside potential compared to standard stock purchases, with dramatically reduced downside (if you want a no-hype education on Options, Erik Kobayashi-Solomon's book is great).Those with the patience and inclination can indeed use Option trading to make money in any market condition (Wikipedia founder Jimbo Wales, Amazon's Jeff Bezos, and "Black Swan" author Nassim Taleb all spent time -- and made lots and lots of money -- as options traders in their careers).For even more leverage, you could of course do any of the above (and much more) on margin (meaning your brokerage lends you money to do the investment), though that's not something I would ever do personally.Also, if you focus on holding stocks (or options) for at least a year, you benefit from favorable tax treatment of the profits.

You will have to disclose your license on marketing, but I've never viewed that as a downside that couldn't be turned into a benefit:  if I were licensed, I would use that as a tool to discuss why a client should work with me rather than an "unknown and unlicensed" wholesaler.

Also awesome automation capacity.Basecamp is my preferred tool when working with Buyers and I want them to interact, see progress, etc on the various things we're doing. 

The owner finance and subject to has really got my interest peaked and I feel like it could be a great tool to add to the old tool belt.  

Dive in to the BP forum, podcasts, tools, marketplace, and everything else Bigger Pockets related.

, but it seems to be less popular and I'm not sure why.Additionally, I was hoping to just get more information on lending to out of state investors as well as hear thoughts from people familiar with the Cleveland area for real estate.

I've used the BP rental calculator to process about over a dozen deals. Today I was trying to run a new deal and the ROI was coming back as "inf%". Has anyone else encountered this? Any idea on what it's meaning is? I...

http://www.kwikset.com/smartsecurity/re-key-techno...I just look on eBay for "builder packs" - 10 locks in cardboard boxes instead of retail bubble-packs..I've scored them as low as $10 a lock -  I key everything the same myself - if you goof up, there's a video on YouTube showing how to re-key a borked setup (only done it twice so far), and there's also a $3 tool to flip the lock cylinder so the keys all go in the same way..