So, 400k - 500k sounds like lots of money but if you wanna operate in the 300k+ entry point it get can swallowed up quick.One strategy I'd try is to be a buyer at the auctions, win a bid on a good house, close on it in cash (you should be a great deal under market value) and then get into a delayed purchase bridge loan product which will cash you out a certain percentage of the purchase and supply the rehab funds. 

However, you’re likely to find newly posted properties that haven’t yet reached online foreclosure data providers.Public records won’t have pictures of the property, but you can get the address.

@Jay Hinrichs @Patrick DesjardinsWe rep and warrant all notes (both re-performing and non-performing) to be a valid lien and to be in the lien position as disclosed at the time of purchase.Our current performance warranty on re-performing notes is as follows:"In the event that a re-performing note becomes delinquent, or enters non-performing status, PPR’s Loss Mitigation Department will notify the note investor within 30-60 days and then attempt to address and correct the payment issue prior to the loan becoming 120 days past due.

Buying a turnkey property is the easiest way to get a feel for being a landlord without all the hassle of rehabbing a place.

Years ago I have sent yellow letters to 1,000 selected addresses in a suburb of Milwaukee.

Just on your purchase and rehab you're at 220 if nothing goes wrong. $7k on holding, $16k in commission, $5 in closing brings you to 248 if everything goes according to plan.

I also tried contacting support twice, and both times they only provide a link to the book in the store without addressing any portion of the inquiry. 

I figured he can't claim as a primary residence as a renter even though that's been his only address for 3 years?

This is based on the address they give us on the contracts.The maps below are 1 mile, 2 mile, 5 mile, 10 mile, 50 mile.

@Thomas Loyola you haven't addressed the Class of property you intend to buy, so your assumptions could be too low or too high.Your biggest challenge is you are assuming you have to pay asking prices!