im new to auction property, completely new.
there are few questions i would like to ask all the sifus here .

1. with the spike of numbers of auction property, would like to know is it advisable to bid and sell it later again (flip) ? Let say I manage to bid a apartment prop prices Rm 370K, i sell it later at RM430k (little bit below market) . By considering the the charges, stamp duty, lawter fees,  repair cost etc etc and the the total is Rm 400k. So, i earn RM 30k.
i very bad at calculations, did i miss out a lot of things? or my naive and noob calculations are completely wrong? such as interest from the bank etc etc?

2. Any property tax charges for buy and sell property?

3. What things i should pay attention before buying auction property? besides location, affordability, background, vacant or not the property etc etc. ?

4. deal with the bank issue. How to know I am capable to bid the prop? how to do pre access loan?

I read about it but about auction property terms such as VP, strata title, sinking funds , maintenance fees for condo + apartment etc etc and some condition I do not understand and hope all the sifus here can enlightens me. ( my questions above)     

or any webpage i can read through A-z.

thank you thank you