I can't study RE while I'm holding my head shell shocked from the screaming.  

Bloody expensive.

I have found a screaming deal on a residential condo, but the problem is that the master dec states that it cannot be used as accommodations or residence.It is in a resort area and the highest and best use is nightly vacation rentals (VRBO, Airbnb, etc.). 

What will you do, say "oh I can't do that because it isn't in my biz plan", or "gee this is a screaming deal but before I get this deal under contract I need to change my biz plan again so I know what I'm doing"???

I found it very informative.Perhaps you can use that site or another that would give a better break down of the equations and explanations.I have someone that I can scream out to that helps me when I need it.

In my case, getting money to invest through basic personal financial management was far easier than finding an incredible deal or using a creative financing solution.My alternative was to attempt to find a screaming deal from a motivated seller.  

I loved IRS liens... most casual or non professional bidders or even professional who had to use hard money within a few weeks of buying.. would shy away from these leaving some screaming deals for me.. who used cash to buy...

It has to be a screaming money maker.With this in mind:  What's it worth as-is? 

@Amr Makki  having done this for quite some time  ( past life and prior to anti skimming laws being passed on the west coast)  I found that when this first happens to borrowers they are in major denial... and are NOT motivated to do anything.. they then as you say get bombarded with letters .. after reading about 50 of those they realize the verbiage in many is literally verbatim the same and they tune out the direct mail folks.. ( now you can get some response but its going to be as you know sheer luck)The way to land these is just wait until about 10 days before the sale and if nothing has happened then you pound on the door and start to get reporte' they probably will still be in denial.. the best deals are made 1 to 3 days before they lose it... you cannot believe how many will actually wait to the day before the sale.. that's when I got my very best deals.if it has an opening bid and its the day before my team is pounding on the door.my driver is ready to drive cashiers check to trustee and we record our deed that day.if you want the screaming deals that how its done.  

(I want to scream this at everyone who is unsure man, you can do it!!!)