Almost all of the sellers we have are one step away from giving their house back to the bank anyway, so their worst case scenario means they just end up right where they started.

Not a lot up right now. 

Often the tenant pays up right away.

Myself like many others dont have the extra cash to put up right away and with my j.o.b. it doesnt allow for extra income as fast as i need.

I grew up right next door in River Forest.  

I’m brand new and just studying up right now on REI but I’ve been looking for a meetup in Winston so if there’s plans for another one soon the definitely let me know!

Keep in mind a big part of what sunk us in the GFC is that investor loans completely dried up .. right now they are available Albeit at a higher rate then 6 months ago But at least you can still get one.. things get worse LTVs are going to get lowered things will just continue to tighten up .. 

How are these not snatched up right away?

If I don't set things up right it's easier to pierce the corporate veil and come after my assets.I'm not opposed to opportunities, I was operating in the frame I would only seek triple net leases until I could step back from practice but I'm much more open to other asset types now.

Due to Hurricane Matthew, destroying and flooding neighborhoods in my area, all of the foreclosures were bought up right before we sold the flipper home.