But I'm him, so that isn't fair :) But seriously, would love to help and can put you in contact with folks we work with if you want to pick their brain.

After 2-3 days you will receive a call from Planning to pick up your drawings.  

Hi David, Seller financing may be beneficial only if it requires less then a 15-20% down payment and the seller financing interest rate is less than what we may offer.With most seller financing I have seen allows a borrower to refinance anytime, so make sure there is no prepayment penalty within the contract.Yes, you can always refinance out of seller financing, but the property should not be upside down in value compared to the existing mortgage balance.If you'd like to talk and pick my brain, feel free to get in touch with me.Thank YouCraig

I'm not familiar with CT...here in NC, if a buyer agent is experienced and knows their market, they should pick up on when a property is "under-priced" to get more attention. 

The markets here took another dive between 2006-2008 where I attended a few foreclosure auctions a month between NYC and in MA and picked up a few. 

Pick a target market (only 1-2 markets when you're starting out). 

Home inspection, sewer inspection, foundation inspector, lender, usually seller picks title.   

I also hear from a lot of landlords that they aren't interested because it doesn't sound like a "Win" for them.Here is what I've found works - - - - - - - (1) Picking your target correctly Theoretically, you could rent any residential space and Arbitrage it, but realistically you need to find a place where you, a total newbie, can create enough value to begin a partnership.  

The themes that I am picking up from the discussion outline a few possibilities:1. sell and upgrade to better properties, better, PM, better systems.2.

@Shai Simchon, and I split the difference here: it matters, like many said, but it is also reflected in your ARV, typically.So, if you have to spend the same amount to buy and rehab a house, and the only option is better school or worse school, I would pick the better school every time, because the ARV is very likely to be better in the better school district, most of the time.