When you have a proven track record of performance, then you can play with other people's money. 

Simply put, many of these distressed properties were put under duress by the former owners financially, not necessarily the location.

If the property doesn’t make sense financially as an annual rental, it’s probably not the right investment.

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Prioritize your financial stability.

Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.

Both are excellent platforms which save people immense amount of work and tme by compiling all the critical data you need in 1 place but there leads are way behind the county recorders/courts/notices i.e the source of most motivated seller leads.

I would think a lot more about the financial part of this.

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

Prioritize your financial stability.