This approach has not only improved our operational efficiency but also helped us stay on top of opportunities without getting bogged down by the details.Have any of you tried alternative strategies or found other methods that work even better?

They changed the zoning map to make every side street RS-3 so these developers are just taking 2-4 units in non-conforming status and by right making it a SFH. 

No action by the judge.An investor called me last week to tell me he had approached the foreclosed upon owner and purchased the right of redemption.  

For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

They are uncontestedly (is that a word)  giving up the home and there by forfeting on the payments.

@Doug Smith Yes, I put 25% down on my last investment which is what was required by my lender, whom I like.

If you follow my advice above you will likely buy quality by default.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

We added value to this deal by renovating the entire 257 square footage condo.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.