For us BP people, we can see the potential in a fresh coat of off-white paint where regular people just see a gross ugly house.  

There are other options to get cash out however, such as a HELOAN or regular cash out refinance.

Rather than pay for a course I suggest identifying a wholesaler in your area that is advertising off-market homes for sale regularly (at least 5+ per month, more is better).

@Scott Trench I was actually thinking that this would be great for regular, non-foreclosures. 

Inspect regularly so it doesn't get out of control.

I regularly argue that Dave Ramsey provides excellent, sound, time-proven financial advice that everyone should apply to their personal finances.

We deal with this on a regular basis in the Hood were we invest. 100% talk, zero action. 

I'm in NW montana and post regular market updates for NW Montana regions.  

If someone came to stay as an overnight guest for a weekend they were not concerned. if there were two people sharing a room on a regular basis that are not related then that would put you over the limit in a four-bedroom house. so you get four unrelated people in a four-bedroom house.

This is especially true if the property requires significant upkeep or if the heirs live far away.Owners of Distressed PropertiesSellers who own homes in poor condition and can't afford the necessary repairs may prefer to sell as-is rather than invest time and money into renovations.Landlords with Problematic TenantsLandlords who have been dealing with problematic tenants, frequent vacancies, or costly property damage might want to offload the property quickly to cut their losses and avoid further hassles.Owners Facing Major Life ChangesSignificant life changes, such as health issues, retirement, or downsizing, can motivate people to sell their property quickly.