Have you started narrowing down your search, or are you in your research phase?

The advertisements here have been pretty sporadic, I think because only three of the thirty-one routes will impact us.That said, I have seen no action from our HOA, but we are also in a transitional phase given the age of the neighborhood.It's probably about time to grass roots it... but I have no experience in this area, so going to have to lean on the experience of others.

Find a property in pre-foreclosure with decent equity (<75% equity, lower is better) that has NOT gotten to the auction phase yet.2.)

I'm hoping my "lens" come soon, I feel I'm in the analysis paralysis phase and need to clear my vision quick.

The dealing with people (tenants and contractors) is where your focus should go on creating systems.For instance, tell tenants right off the bat in the screening phase the way you will collect rent and that there will be no wiggle room. 

As for my other rents, the tenants have been with me for some time so it won't reflect current rates.My thoughts on LNG suggest it will ensure prices won't fall while its in the construction phase.

I'm currently in the initial phases of talking with the owner, but here is what I know so far:Rents are about half of market...owner is aware of this.  

In the examination phase, you ask excellent questions, carefully prepared, in sequence, which are geared to give you a thorough knowledge of the Seller’s condition or situation.The first thing they do is ask you to fill out a medical history form.

Hey, all.Still in the "stand back and learn" phase here, but I've thought about dabbling in real estate for several years. 

I can vouch for Portland... this is also fueling the first time home buyer as our median price home payments are less than rent... and we are not an area that has a huge portion of the population credit challenged  great time to be in the PDX market in all phases.