Be sure to check with the licensing authority (DOS in New York) and investigate all court cases that involve the property manager and the principal broker.

You might investigate a small business loan, they have some government subsidies in many cases that can lower your interest rate.

Your spouse doesn't have to know about it or participate in the process.Whether or not he WILL find out depends on how good his divorce attorney and personal investigators are.Rick

Here is some new info:Decker Randolph, profiled in WWL-TV real estate investigation, arrested by JPSOhttps://t.co/UsqbnWiWN5http://www.wwltv.com/news/investigations/un-real-e...http://www.wwltv.com/news/investigations/man-profi...http://www.wwltv.com/news/local/investigations/kat...http://www.ripoffreport.com/r/faithful-real-estate...

@Kathy Armstrong How do you investigate this type of situation regarding unpaid HOA dues?

I thought I did a pretty good job of estimating the conservative value.Did I just make a huge mistake and should I walk away, or do I need to investigate these numbers futher and see why they are so different than what the seller's agent originally represented?

I have visited their website a few times to investigate what they offer as well as look for information.

Obviously a number of these foreclosures may have their share of "catches" (location, distressed, etc..) and would need due investigation, but all things considered, would you conosider it a reasonable approach to begin a real estate investing career on properties like these if I live on the west coast?

This is the sort of thing that bears investigation before investing too much.If this is in Ohio, then I doubt you'll have some of the hookup limitations we have here in the west.Jon

This is a bit more of an advanced strategy and you need to know how to investigate each property and due the due dilligence necessary to ensure a profitable investment.I would suggest as a newbie, you choose a different strategy to start out and get your feet wet.Now is the time for the buy and hold strategy.