And although many investors say they are only looking for off-market properties, the largest buying list is still the MLS. 4.

Quote from @Huggy Ford: I own a property across from SDSU 9793 Keeneland Row, Blackhorse community La Jolla 12 years paid off.

We're particularly interested in finding off-market properties that could use some TLC to bring them up to their full potential.Does anyone have tips on the best strategies for finding these hidden gems?

Quote from @Caleb Brown: Is the property worth the higher price to pay off the loans?

High LTV purchased at retail (off mls) has large initial negative cash flow- regulations are tenant friendly.  

You can read a book and multiple books, but unless you are out there doing it (I.e. getting bids and getting contractors to truly get you an exact estimate) you will be far off from the numbers you want and may even lose money on the flip/rehab.The best advice I would suggest in my experience is that you should get into the line of work by either partnering with someone or working with someone on some projects prior to going into a flip on your own.

You sound very organized for a first-time flipper so it looks like finding that mentor is paying off.

I have partnerships where I take a management fee off of topline and split profits from bottom line.

They may just lay off a little when next major assessment/revalue comes. 

Instead, shut off the water to the toilet and place a sign on the door "Art exhibit: Non-functioning bathroom."