During your saving stage you then educate yourself on real estate, finances, state landlord laws, and investing in general.

Not sure what you mean by too early.I’d still buy pre-foreclosure if a seller contacted me; we just don’t target market for those anymore.what I mean is 99.5% of people are still in major denial.. and so trying to spend a ton of time dealing with them at the substitute trustee stage will be fruitless.people in this situation in my humble experience only get serious the day before they lose it or 2 days before.we never even contacted them until 5 days before auction.. and the reason we KILLED it is we had little competition.. most need loans to buy we did not.. most rely on attorney or title company for the transfer we did not we did it ourself..

Some I love working with and have their stuff together and only sell property with sellers who are fair and equitable in negotiations and working to close a deal.As others have mentioned I try to get upfront financials in LOI stage that has a CA component.

If you are remodeling it first they will probably have to insure it in stages (Builders Risk & Liability policy, Vacant building, Homeowners/Dwelling Fire) . 

At what stage does a seasonal investor stop buying and start saving.

Will really set the stage and make it easier for you to continue moving forward.

Hey all, Looking for some input at this stage.

Permits are in the final approval stages with the city, only in need of the final stormwater approval.

Its had some renovations over the past few years but was painted horribly and staged even worse so it sat on the market for a while. 

I am strictly buy and hold; anything I buy today has to be really appealing-not going to gamble on any dogs or overpriced queens at this stage of the market-and certainly not counting on any appreciation for the next while.