Check out quality of posts, websites, LinkedIn and any other background information.Since I'm new to the REI arena, I've spent considerable time learning, observing, following and reading select member posts on BP that I've come to trust, just to understand the nature of this diverse business. 

I would say talking to an attorney versed in foreclosure law would be a 100 well spent.If you have never bought at the foreclosure steps it's a  good idea to go and observe for awhile.

Wise investors evaluate many reports and sources of information to develop a market opinion.My personal market cycle observations:Based on this market cycle monitor and my personal observations in the markets that I currently operate in, here are my observations:San Francisco: 12 months from a PEAK (end of expansion phase), although the impact of tech growth is unprecedented and may stretch the cycle out… maybe 24 to 36 months from a true peak.

If you see a house under rehab, pull over, go in and introduce yourself and observe what they are doing.

BTW, I am not affiliated with ifunding or any other crowdfunding site, just an observer like everyone else. 

"All Fees Paid at Closing" All you have to do is make the Referral and observe the process.2) We offer a 50/50 Commercial Co-Brokering Opportunity for EXPERIENCED loan professionals.3) We will assist all SERIOUS Entrepreneurs with opening their own Commercial Moneystore.It's up to you to decide how much you want to earn and how long you want to work.REMEMBER THIS....

What I have observed is, properties staying on the market forlonger periods of time.

PM, email or just post questions if you want to know more about what I have observed.

Further, it is clear that observations for units in tertiary markets can have far in excess of 50%.

The entire time you're in this house, look for another deal or observe neighborhoods you think are going to appreciate.