Keith Barton Obviously you have read a number of DT's as I have and realize that the "note being due" or "triggering the due on sale" is nothing to really be concerned with unless this regime puts the final nail in the coffin...or until Jimmy Carter is re-elected!

You hit the nail on the head in your last post.As you mentioned the higher the cap rate the lower grade property it will be.

I'll mention again, stay away from pre-arranged deeds, they can easily be squashed and there can be title insurance matters besides, they are now in the predatory lending category, you'll get nailed if caught.Old CFDs should simply be converted to a note and DOT, then assign those in your note sale.

About a year ago, I found a boarded up house in not the best of neighborhoods, and I nailed a "we buy houses" sign to the boarded window.

Jay nailed it.

Other than that you hit the nail on the head with the LLC and county information.

The idea is to nail down the target areas and wait for the deals.

But Wayne Brooks hit the nail on the head. 

Comparing sold price/per sq ft is also a good way to ballpark values.Since it's a duplex it might be a little tougher to nail down comps.

Use that cash to polish off your reserves and have ~50% of your money back to reinvest, and make ~$90/month on that ~33k in a high yield savings while you're on the hunt for the next one.You need to verify the numbers, but unless my taxes and insurance are way off base, this seems like a pretty good deal.If you decide to walk, pm me the address so I can investigate further please.