Thank you for your response @Sam Smith , so I’m still trying to learn what makes a deal a good deal, I don’t want to blindly invest money into something that will produce a negative cash flow.

They can see this on the title transfer, now while lately they have been turning a blind eye to this you bet when these foreclosures start to pick up like they are and banks start tightening their lending again they will start to call those loans in.

A blind squirrel can make 4% in this market.

Sheriff sale in PA is without title insurance, you are sending money blind without knowing what other liens exist.

I sent the owner a blind offer email, saying I wanted to buy it as-is with no inspection or appraisal and without a relator.

I sent the owner a blind offer email, saying I wanted to buy it as-is with no inspection or appraisal and without a relator.

Living in D.C. with a slim savings account (just enough for a down payment and blind start-up costs), they intrigue me [due to that being the nicest area I can invest in] but they are what you would consider an average price for today's market (very high).

20% down on a cheaper property thats an investment loan in Baltimore is going to be more money than 3% down on an owner occupied loan in Silver Spring.And dont let Baltimores proximity to DC blind you to the differences in those markets.

You shouldn’t follow them blindly, you can always vet their info, but professionals like your local Realtors and property managers are working in the market every day full-time, and will have a much greater insight into a market than you’ll ever get trying to understand it on your own, especially on a very part-time basis.

Would be terrible going in blind only to have the appraisal kill the deal.