The highest acceptable bid is chosen.

The metrics that I have incorporated into my are as follows:- Median Home Value- Median Rent- Median Household Income- Poverty Rate- SNAPS (Food Stamps) Rate- College Graduation Rate- Vacancy RateI have chosen these because I believe that these metrics give the best indication as to the "risks" an investor will face when selecting a location to allocate into. 

These types of loans I have seen done, and I've personally done a few in my chosen market.I hope this information helps!

I own several in Indy and have opportunities to buy in those areas daily and have chosen not to add that area at this time to my portfolio.

I think, if I could have chosen who to allow to chat with me, it would have been good.  

Simply common sense, logic, and human psychology!

I am not sure if it is proper to revive this thread or start another but since I wanted to explore your comments (most of which I agree with though I do not agree with your conclusion) I have chosen the former path.

Boy, some with starting bid of $100 ......How hard is it to find a human being as tenant for these properties? 

@Patrick Wheeler - we have chosen to go with someone local to our business.  

.- Post to Facebook weekly about what's going on in my RE journey, and add as many people as friends as possible- Don't limit my social content to JUST work-related stuff; People want to know the human behind the projects- Issue a monthly e-newsletter sharing more detail on the projects I'm working on- Attend at least 2 non-RE-focused networking events per month- Post here monthly- Spend 30mins/wk commenting on forum posts wherever I can provide value- Share value in all FB groups where my ideal capital partner might be hanging out, monthly- Try to remember to tell everyone I meet, what I do- Have my VA engage with the IG profiles of people who fit my 'ideal partner' description, for ~30min/day, 5d/wk- Check in with my potential partners weekly- Hold my existing partners on a pedestal and be a woman of my word& one-off projects:- Figure out where I can host a few local workshops on how to get into your first rental property.