The Midwest in general would offer similar numbers.Mailers and auction sites have been veery good to us.Hubzu.com in particular.I have 4 people in the office buying all day long so when you have that much man power, you tend to come across the "diamond deal".Thanks

Alan Segal did a presentation at Black Diamond that included this issue, I don't know the legal details, so give him a ring, and tell him I suggested you call.If it were a short sale, it would be a big no-no, but it isn't, it's an REO.Third, the biggest issue, however, that I see, is that you may not be able to get title insurance without an exclusion for the previous owner. 

Just like what a good deal is, or too much risk, etc.While there will be a diamond in the rough available, I believe we might see a slight discount from today's pricing, at least for good assets.  

I spent $1,800 on the Bob Diamond Tax Salve overage course but looking for partners or just to share the cost for $500 down plus a little extra if this sounds of something of interest to you. 

Look into Black Diamond Networking via @Ann Bellamy

Then once you have paid the 25000 USD for the diamond Elite Package they say will teach you to be a Real estate guru. and get you on your way.

Gold, silver, diamonds, art, spirits, antique vehicles and...Real Estate.

If you have enough money, hire a professional, you probably don't represent yourself in court, operate on your own stomach or go mine diamonds?

My personal favorite in the Black Diamond meeting that alternates between Waltham and Worcester (Next meeting is in Worcester in April) which would work pretty well for you in both directions.  

You just have to polish a few rocks before you find a diamond.