Remember the characteristic you look for in a home when you travel: location, price, special features, pet friendly, etc.

That motivation will allow them to sell below market value.What are the characteristics of a motivated seller?

Unless you are an area that share the characteristics of the economics of Detroit 1990-2005 with jobs, I think you are good.  

@Tom Knapp, A, B or C is referring to the class of the property, each property classification reflects a different risk and return because the properties are graded according to a combination of location and physical characteristics.

I am looking for GCs that can do SF and MF, can do a new building on raw land, full rehabs of beat down properties, and touch-ups, and require little supervision.These are some characteristics of what I find is a good GC: Provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus).Is able and willing to do cosmetic work as well as studs-deep rehabs.Has a dependable crew(s) and is known to hit targeted completion dates.Is knowledgeable of Houston / Harris County permitting and inspection requirements.Please PM me or email!

What type of characteristics do you look for when searching for a "farm" area for your flipping business?

So a $100,000 building value will have an annual premium of $300 to $700.in WI, there are a few property characteristics that drive pricing. older than 1980  will drive premiums upHardwire smoke detectors and/or sprinkler system will greatly drive premiums downSome companies will not offer quotes on buildings with Roofs older than 20 yearsLastly, if you have had any losses the last few years, that could drive up premiums.There can be other factors, but 95% of the time the above drive the pricing.

As I have personally attended and taught several real estate investing courses, I have always been intrigued about why some students succeed tremendously, while others fail miserably - all given the same information and education.There are MANY differences between each person, but when we develop patterns (find common denominators that are present in one group, and not present in the other group), we can determine certain practices, beliefs, and methods that are sure to lead you down the same path (success or failure) as the others in the study group.There is one blatantly obvious characteristic that is present in every success story, and non-existent in every failure story.

There are a couple types of lists where you can choose the property characteristics you are interested in AND specify owners who share the characteristics of motivated Sellers.Seniors with 15+ Year Ownership are often ready to downsize or transition to a living situation with assistanceAbsentee Homeowners have property that they don't live in.

What do REI look for in a mentee and what characteristics must they show for you to give them your time?