You're probably going to have the most distressed sellers in Dekalb, Clayton, and Fulton (ITP and SW) as they are densely populated.

A common source of Subject To deals is people in distress (foreclosure) who have a pending sale date.

Purchase price: $119,000 Cash invested: $23,000 Sale price: $185,000 purchased off market, distressed property obtained via mailings.

This is probably not much of a hot lead because they're not in real distress and they're likely just unrealistic with what a cash offer will be.

New investor here, looking to get started on flips and value add projects in the Denver area.After spending many hours buried in property records searches and financial spreadsheets, I've determined the best way to move forward is to enlist an agent who caters specifically to buyers looking to capture value from rehabbing run down and distressed properties. 

@Bruce Lynngood post and great perspective. i think people underestimate the level of distress they need to engage with to truly BRRRR.to your point - if you can a 250K house, put 50K in, and end up with a 350K house - that's GREAT. 

We are located in the Niagara Region of Ontario Canada, and we have a good track record for buying distressed and quick closing deals.   

I'm only focusing on distressed homes for the start then will move to other markets.

Also, bear in mind that, overall, properties have been paid for in cash so there are no mortgages on them and the maintenance expenses are low so, while owners might be disappointed by the lack of rental income, they generally won't be in a distressed situation.Ultimately it all comes down to supply and demand.

Hello I am new to wholesaling and I have been using Zillow to find properties that are distressed.