You need to constantly pay attention and observe properties in the area you are looking to invest in.  

You might want to drive and observe on those neighborhoods at 6-7pm.

Financing is not a problem for me.I agree with your observation from buyer's agent prospective.

@Valerie Moye It appears that the seller is looking for an all cash deal if you ask me, but that's just my limited observation.

I have attended a few courthouse foreclosure auctions and have observed the following situation and I don't quite understand it.A property has just two liens on it, a senior and junior.

“Additionally, we’re observing an uptick in millennial traffic and sentiment that we expect will result in more first-time home buyer sales in the later part of the year.”More at link...http://www.housingwire.com/articles/34313-millenni...

Disclaimer,  I am not offering legal advice, this is simply my observations, opinions and personal experience.let me know if there is anything I can do to help!

Just some general observations on this.  

Hi Sean, Having observed a number of successful people I would suggest that you make two initial investments.

Your loan officer and agent are going to push you forward because they get a big commission if you go through with the deal.As an outside observer, I wouldn't do the deal based on the numbers you gave.