This negative position can consume years of cash flow to recover.

Foreclosure is expensive and time-consuming, so most lenders won't even begin the process of foreclosure until payments are 4-6 months behind.In a non-judicial foreclosure state like Georgia, the four weeks of public notices are all the advanced notice you're gonna get as an investor!

Door lock, detector batteries, other consumables, replacement of damaged or disappearing items like pool towels and linens, replacing blown out screens (I spent over a grand just on screens last year though we did have a freak huge hail storm).

One of the most important aspects but its always a time consuming aspect that most put off and miss out....

The investor will start with a large negative position that will consume the initial cash flow.  

I've gone broad because I want to learn about things outside of multifamily and I have experience as a consumer in strip malls and storage.

As far as cost goes, again, a lot of people fail because they think like a consumer.

I'm consuming his content as fast as I can.

These will be your first preview of the properties that will be auctioned, but the data is a bit hard to consume because there are often 200+ properties and you have to read through each individual ad to get the pertinent information.

Consumers were left reeling from plummeting home values and credit markets tightened.