Are you looking for instant cash flow (and how much), or are you looking for something that will appreciate by a certain amount over a certain duration?  

When I did a quick glance in, I was instantly scared & disgusted. 

I would change nothing but the marketing message, and the home would sell almost instantly!

Many Tax Assessment offices have an internet presence so you can enter the address and instantly see what the property has been assessed at.

My point, the instant you close your acquisition, you can put the property on the market.

Any property that does, must be bought at a huge discount to market, so in that case you would be getting instant equity - which is the strategy I suggested in the first place.

If it wasn't for our new local county-only transferable development rights credits program, which has suddenly created the situation where the new value of certain types of large farmland parcels is a lot higher than the selling prices, and offering near-instant arbitrage profits, I wouldn't be messing with it. 

You will want to make sure the mortgage payment is much less than what you would get for rent by a factor of about 2 and also try and pick properties that have some instant equity.

They are buying a lot of Chicago properties quick – look at Recorders website for EquityBuild deeds and you will instantly see this: Mark Norris (phone number) (email address).

Things you might get instantly in L.A. could take days in Hawaii.