Back in the day it was door knocking, mailing, cold calling and good ole court house steps.

Why can't you just figure good ole simple costs vs income flow?  

(This post is a clear example of that in itself)I'm an agent based in Murfreesboro originally from good ole Columbia, TN...

There is also mortgage insurance involved in some of these that will dictate opening bids.. and sometime the banks just F up and the bid is very low..The risk the banks have in certain markets if they start opening bids to low is the good ole boys colluding to not bid against each other this is illegal but very prevalent in certain markets.Just look at trustee sales 3 and 4 years ago in Vegas PHX and Atlanta opening bids were routinely less than 50% of unpaid balance.Then you have Mississippi were for whatever reason they banks will almost always bid full credit ... partly because like Texas they may want to establish their deficiency judgment and or like I said Mortgage insurance could come into play..At trustee sales ours is not to reason why ours is to bid and buy property if we think its a good deal. 

We welcome you to join us this Thursday night and take it all in....then go out and use these tools yourself to make things happen...this is a NO Sell evening, just good ole' fashioned sharing of information...

  #2 see if the county tax assessor or appraisal district has any classes, seminars, or just plain ole printed resource guides....ask both...ask whoever you meet there who the experts are....also don't be afraid to go to the offices more than once and ask more than one person. 

What about late payments or the ole "I sent it but I don't know what happen".

I really did it just to see if it could work.I didn't use anyone's plan, just kind of used good ole common sense.If you know how to wholesale generally, you can apply the same principle's, except you do everything online or on the phone.

I don't think so.Look at you Jim, throwing out the Camus here on the Forum.....What is next, some ole Jean Paul....?

Good ole craigslist is a nice place to find off-market MFR... eliminate brokers by clicking 'by owner', change 'any house type' to 'apartments' and just increase the number of bdrm to the max which I think is 8.Another place is myhousedeals.com which is often used by other investors (wholesalers) but you can also find fsbo that aren't investors.