Filtering the turds from the gold is the time consuming part but we keep the pipeline full to filter out the turds.

However, its more time consuming than purchasing a list (Queens county clerks office has a computer system for Lis Pendens that looks like it hasn't been updated since the 90's). 

My plan is to buy foreclosures for a low (but modest) price, flip it or make some nice reparations, and sell it for as much profit as I can.

@Michael Lang,Indeed - your thread title was well chosen.The entrepreneurial mindset differs quite radically from the consumer mindset.The consumer mind says, "How much does it cost?"

Yes this is time consuming but you want to become efficient with it. 

Therefore, consumer have become hypersensitive to ads/spam/etc. and can easily glance over an ad.  

I'd go last on small claims, it's not expensive, but it's time consuming, I don't have prior experience but know some people who does. 2 weeks without communication is a little alarming, but a two week invoice is still fresh.

Vacancy at 5% would be 143 and cap ex at 15% would consume the rest.  

The average consumer will think it will costs 10s of thousands to completely redo the whole bathroom, while we all know it's just a few grand...

A summary of the code, as prepared by the Consumer Protection Unit of the Attorney General's office, must be given to tenants at the beginning of the rental term.