U will find deals that way without going through brokers etc.

I would say it could be done, just need to have the following:#1 - Have great overall knowledge of that market, and better than agents.#2 - Learn how to run comps so you know the value of the property better than anyone. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.

The rental market is a dynamic environment, and one constant is change.

@Joseph Alfie the first thing you should do is go walk the property.

Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.

The new tenants didn't know how to lite the brand-new stove.

The tenant supposedly had complained for months to the property manager that the furnace was not working.

I will be here for 6 months to a year and looking to continue hands on support/experience.I am a construction manager and have a lot of background in contractor management, site scheduling, and quality control.

Welcome to the community, Timothy! 

Our purchase price was about the same as the bank appraisal.