Usually for a year, is that part of your game plan? 

Negatives: Weather, of course.

I usually ask what’s up on the second and remind of the late fee.

Neighbours very often do not get along with renters and renters will often leverage their position if they find out a unit is illegal.The problem usually arises out of the fact that cellar dwellers are generally low quality tenants and can cause problems that often result in complaints to oficials..  

However, from my experience there is usually a few "top dogs" that win all of the good properties at the auction. 

In short that high mortgage is causing me to be negative in cash flow.

(looks up via public records ahead of time so you know the answer; this question usually trips up an imposter reference)I also inject RE lingo into the conversation if I am dubious as to the authenticity of the person. 

In short that high mortgage is causing me to be negative in cash flow.

In short that high mortgage is causing me to be negative in cash flow.

Depending on your state's requirements, I usually will buy decapitated ugly homes directly from the public with no agent involved and in those situations I have a disclosure that states specifically that the seller is selling the home significantly below market value (I also wrote the the ARV in there so theres no evidence that the seller or buyer didn't know what they were buying/selling).