Where to get deals? Not the MLS I think.

[Teho Kim]

I've yet to purchase my first home. I've looked around seriously on the MLS, analyzing deals, talking with my team members and getting their opinions. The problem is, deals on the MLS rarely cash flow $100 a month (and I am looking for >$150). I'm only looking at A/B properties; could it be that these are simply produce less cash flow than C/D properties?

I feel I am not concentrating my efforts correctly. Should I look outside the MLS? Perhaps auctions?

Any thoughts are appreciated.