Most surface owners here make money through damage payments from the mineral owners, by leasing the property for cattle grazing, selling fresh water for oilfield operations (groundwater is tied to surface estate in TX), or building commercial facilities (man camp, RV parks, etc) depending on accessibility.

Lesson #1 Buy at a better price.Lesson #2 Don't over invest/rehab items.Lesson #3 Set a reasonable rehab budget and expect way more issues to be uncovered as you go.We have to get passed the "if we were living here, what would we like" because we aren't living there and I like things to be pristine and aesthetically pleasing.

I do have a decent screening process and uncovered that their reported income was nearly twice their actual income.

Especially on older properties There can be lots of things uncovered.

Hey BP,What are some fresh ways to reach possible off market sellers.

Once we patched up the drywall, added new carpet, and a fresh coat of paint, the house showed very well.

However, sometimes you'll need to just cut line and start fresh with another bank like @Will Gaston mentioned. 

And now my fresh real estate broker's license two weeks ago!

It was a woman fresh out of the Marines.

I moved to Hawaii in 2005 fresh out of college with nothing.