@Nathan Asher RobsonAuctions can certainly provide opportunities to pick up properties at a discount, but it’s also riskier.

CONs: The owner is often under financial duress, so things can get very intense and personal.Foreclosures - PROs: Purchasing a property at the courthouse steps, ideally at a discount, without having to deal with the owner.

What sort of discount are you getting? 

In addition, what makes comparisons a bit more confusing is when lenders start mentioning discount points and how you can buy your way into a lower interest rate.

A fence isn’t going to stop the noise from the RR tracks.....people live next to the tracks but it will Always be at a discounted rent and you may likely get tenants who take it because they can’t rent anywhere else....bad credit, evictions, etc.  

And learn to buy at a discount, I again paid for turn-key at a high price for this neighborhood with little equity for repairs.

You should be pushing for some kind of discount to compensate for the work and effort you'll have to put in to finish the project and clear out the property.

It's not permitted, but is listed as a 2 bed 2 bath so it's not like I'm getting a discount.

You will need to get it at a bigger discount, or walk.

It might take a while if you're looking for something at a solid discount.