We typically cash flow about $400 per property in those areas per month after PITI and reserves set aside.

Forward looking returns in all asset classes are being compressed by the actions of the Federal Reserve. 

The thing is, we've had about 55+ reservations during that time. 

Since we are judging decision making, why get into housing if you have reservations that everyone is out for a free hand?

But since this is just in fun and I reserve the right to change my prediction without notice, I will answer.I seriously doubt if we will witness widespread deflation.

A few questions for those with experience with auction.com. 1) I know some have mentioned a reserve amount on these, but how much higher % wise generally is the reserve above the starting auction price?

Has anyone ever tied up a property with a purchase contract and a short time period (7-21 days), as long as the seller will allow, and then auctioned the house (with a reserve) via the internet or locally?

If no luck after a while), which my first few years of the mortgage payments will be pending on it and hopping not to dip into to my reserved money.Yes, I’ve to live in the house for any of the 2 continuous years out of a 5 years period in order to qualify Home Owner Occupancy term, so when I sell the house later, I can deduct 250K (or 500K, if married filing jointly) from the sale price of the property, and pay capital gains tax on the difference.

#2 and beyond are easier, but build up a little cash reserve to deal with the unforseen problems and a few months under your belt so you're comfortable.

By the spring we should have enough cash (in addition to our reserves) to put a down payment on another single-family or multi-family property (4 units or less).