I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

And if you’re listing the house online, try platforms like LoopNet or local Facebook groups for real estate or community housing.Just make sure to do your homework and ask for references, check their track record, and make sure they’re following any local zoning or licensing rules.

Seems like they be worth nearly zero in 10-15 years. 

It'll be well worth the $150 service call to know that you aren't going to end up in court. 

If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!

You've got a book's worth already :-) I admire your perseverance!

Unless the 600k property is in some crazy appreciation area, or conversely the 300k properties in depreciating areas, 1.2 million of property is going to be worth more than 600k worth of property in the future. 

There are also deals that can be find on jud.ct.gov for foreclosure auctions but those rarely work out because the people usually owe more than the property is worth or they get cancelled and postponed frequently. 

GRM and cap rate both looked great, but when we pulled utility records, we found heating costs in winter were brutal because of old, inefficient systems.

If you’re positive you can get in and out fast or refinance smoothly, maybe it’s a tool worth considering.