OMI could work if it eliminates tenants from all illegal units.

I believe technology, will continue to eliminate jobs from the typical white collar jobs.

It seems many banks are starting to eliminate PLOC products.

Very common method with personal houses, single family, duplexes, multi units, etc and can remove a huge "Potential" tax burden.I m sure some the BP members have a generic Contract you can Customize for this deal, eliminating a lawyer fee.

A letter from this type of firm may discourage our route from being selected in the first place and eliminate future headache.  

As a new investor I would never buy for more than it's worth, that would be speculation and eliminate an exit strategy for me.

Check these:Department of Motor Vehicles - A trip to DMV will obviously eliminate the wait on hold.County Tax Assessor's officeDepartment of TransportationDepartment of Housing and Community Affairs/DevelopmentManufactured Housing DivisionOne or more of those can tell you exactly what's needed in your state.Good luck and have fun!

Eliminate the MLS piece of the equation (or use as secondary) and focus on specific direct mail criteria.

Would that eliminate enough of the risk?

I understand I can eliminate negative cash flow by getting into a duplex, but duplex in my area are in the ghetto and very run down.