when I look back one of my best years in buying foreclosures was 2004.. now I attribute that to the fact that the internet had not fully taken off Regarding RE.. so you still needed to have those particular set of skills that I learned from the 1970's on... now with the interenet its flooded the market with investors who here to fore would have never competed with me as it would have been to tough and complicated.Even BP is  perfect example of free on  line training.. for better or worse depending on your perspective.

What @Bill Gulley just wrote is what happens with banks and loans in arrears, and mortgages in default.Watch out.Look for current mortgages and make some money on sub2, lease options and wraps as acquisition strategies, or just pay all cash with JV Partners, Private Lenders, tradiional 20% down banks, or Hard Money Lenders.ever read your "foreclosure rescue" internet threads on the FBI site or the Attorney General sites? 

We only have internet from our ISP, no home phone or cable ($50).

I am concentrating on houses shown as owner-occ (thought vacant), as absentee owners are so deluged with direct mail, though each of the vacant absentee owners received handwritten letters as well from me as a first step but are used to ignoring them and many are seniors.

I find my listings on places all over the internet from Flipkey.

Use the internet to locate areas that meet your criteria.

Depending on what types of lending you are interested in, if you are starting a business, there are compliance specialists on the internet, they don't really need to be in your area.

You can search the internet for all the information.

There are various articles on the internet about the advantages and disadvantages of various corporate forms, but if you are serious you should probably sit down with a partnership attorney and hear what he/she has to say.

I try and concentrate in one area so people see a few signs along their drive, I try and put them where I think people will look (towards a sign) and I put them at least two sides of an intersection but usually all four.