Jon my understanding of the Detroit area right now from people that I have talked to is that there are many REO properties and there might be appraisal issues because all the comps in an area may be lender owned sales.

My goal is to get out of the rat race and occasionally turn a deal when I want to. I

I'm still debating what I would offer this guy, and whether I should do it at allWell when it all comes down to is how you feel about the deal in you gut!

Yeah I have a subject to I am working now as well.....owners are 6 months behind on payments so I figure it should work out well for a subject to.....at least thats my plan

Still searching for an answer.It is the same way here in Alabama.GA and AL are mostly Power-of-Sale states.They do not FILE Notices-of-Default.It is done by publication.In my town they put it in the legal section of the regular newspaper.But (Fulton County) Atlanta has a legal publication called the Daily Report you can subscribe to (I am guessing it is because it would be too big for the paper).

I think the site you're referring to is rentometer.

I am trying to buy rental properties as fast as I can afford to. I

He must have broke another law somewhere along the line, because buying subject to is legal.

One other option that you may check in to is cross collaterallizing your current property to get you into other rentals that may cash flow.

My desire is to take care of my future family and to spend time with them and working when I want to. I