If offered, it's usually because they're asking for above market value, the property condition is poor and no one will buy it, or it's got a bunch of tenant problems. 

In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

In my opinion, this is far more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.The two best strategies I know are inbound methods: direct mail and Google Ads.Direct mail can be costly, but it can also lead to deeply discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

They are often sold at a discount, but they can come with significant repair needs since they are usually sold as-is.### Due DiligenceBefore buying an REO property, conduct thorough due diligence.

This often involves completing a **Landlord Application** and providing information about the property you intend to rent

I've found MOST quality contractors wont' use the materials you've bought because MOST newer isnvestors will buy the cheapest pieces and parts they can find, often providing used materials and then the expect the contractor to guaratee their work.

The loan is often amortized over a set number of years, but the specific terms (e.g., interest-only payments, balloon payments, etc.) depend on your agreement

We do have some empty mid week days but if there are 3, they often fill in for us.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Hey BP, I'd like to learn more about a purchase structure I don't hear about often: just a straightup option to purchase or purchase option agreement (NOT a lease option).