@Edwin Mizunaga Perhaps your first query took some courage to post.

But the more I learn it is becoming very clear that buying the right property/at the right time and getting a good deal with a little luck is very important.I will post a more detailed query with specifics as I build my strategy so that I can get more specific feedback from all you experience investors.

I may have used the wrong terms in my original queries.

My husband is amazed at all the helpful advice and now understands why I have spent a little time responding to a few other people's queries talking about what I have learned in my limited experience.

To look for cash buyers, I have software that I can query for a list of cash buyers by zip code, house size, number of bedrooms, and the like.

Hi,I just joined BP as most of my searches are directed by google to BP. Glad to see such a great site.My question is about lenders thinking when they look for <40% debt to income ratio. What does lenders expect a ...

Not that I am in that space (yet) but am reading the Millionaire Mind and just finished the Millionaire Next Door, both by Dr Tom Stanley (RIP)An interesting aspect of the millionaires he queried (avg net worth of $4.2M in 2000) was that they were risk takers, but not gamblers.  

I'll go ahead and send initial queries to all who applied, and see how the open-house goes... 

Query up the question here and read some other forum threads.  

It was *very* effective in dealing with people who didn't qualify (including several Section 8 applicants); about half the people who made an initial query, did not respond further once I sent my initial expectations message.