another out of state person who just probably lost a bundle on their cash cow dream U can make those work if you want to be there monthly to nurse it along and a lot of mom and pop landlords do that it is their job.. they look at their properties every week etc etc.. if you think your going to buy low end rentals and sit back and just collect rent well that wont happen.where that works is in Buying great first position performing notes that's REAL mail box money and passive.

In any case, I think just about any investor should be against this, especially in the upcoming correction as they can often be quick to reach out and quick to close on these buildings that will inevitably popping up for sale.Wait and see, I reckon.

Sounds like as others alluded too that there may be an additional unforeseen lien pop up on title that would need to get released. 

The FREE section on Craigslist is still popping.

Of course, these are also the properties I've been targeting to purchase, hoping that the landlord is a mom and pop shop that hasn't raised rents in years and wants out. 

don't know about that state but I know CA OR and WA have very strict laws on what you can and cannot do with someone in distress IE in foreclosure.. check with the state or a good real estate attorney taking advice from the internet is not wise with something like this I think .. unless an attorney familiar will pop on and give an opinion..

These are generally "cheap" units as no big business is going to pop for the quality units they're deploying to hundreds of homes. 

I found BP at the beginning of August and have consumed tons of the content here, but I'm still not seeing how to find good investment properties.I got myself a realtor in my area, and I have him sending me every Multi-Family that pops up.

A $16.5 million sale in mid-April helped boosted the year-over-year price gain.Atherton — up by 40.0 percent — While Atherton‘s annual appreciation slowed from the first quarter, when it was the No. 1 Bay Area housing market for that metric, home prices here are still eye-popping, closing out the second quarter at $6.65 million.

Take LA County for example, prior to this last run up, had 400k new residents arrive, that is more pop. than the city of Cleveland and built hardly any new housing outside of a tiny pocket or downtown.