I’m glad you were able to see the positive and walk away with lessons learned.

I was wondering what everyones thoughts were with the positives and negatives on this kind of investments.

Discrimination isn't even a factor; the quality of the tenant is.

You walk away with 10-15K net profit to invest in better quality properties.

If you can do the job of some of the subcontractors for lower price, better quality and in less time, then do it.

I became a supervisor there with no college degree and geld the position for 4 years. 

3 homes to me is not even close to being in a negotiating position. 

However, if I had that kind of cash right now I would find a few top quality syndicators and invest some portion of my cash in each of the syndicators.

I was super excited when it was only at like $16k a few hours before the auction ended, but by 7am it sold for just shy of $100k - piece of land with similar qualities sold for more than 3 times that earlier this month, so still don't think the winner got a bad deal I just don't have that budget.I couldn't bring myself to pay several hundred for a piece of land I couldn't even legally build anything on.I have a feeling other counties farther from Boise and perhaps without the online auctions may have better deals.Still, it was a really good learning experience.

But they also seem like quality tenants and they’re going to be here 4 years because of their job.