No matter if you try to help, if they can exploit you they often will.Like others have mentioned you need a license and even when you don't if something goes wrong, you could face lawsuits if you even smell like giving them official advice.My REAL advice however is this, and I hope you take this warning seriously.Let's talk about foreclosures for a second.According to data a few years ago (it is worse now) every 3000 mailers will get you 1 deal, which makes the chances of them wanting to sell their house 0.03%.This means 99.97% of the time, when you approach someone in foreclosure they are not interested in selling.So understand what you are factually doing...You are going through all this trouble to EXPLICITLY try to find people that do NOT want to sell their house (people in foreclosure), to try to get them to sell their house?

I have most of my tenants through local mental health/addiction services, and those tend to be better than the randoms from craiglist, as they typically have a case manager to check up on them occasionally...

This is a garden home and the yard is fenced in with a 10 foot privacy board in board fence The neighbor stated it was making her violently ill and that it is a health hazard for her as it was coming in through her vents and or windowsshe has also been known to harass my last tenant, and sending us text that trees are too close to her home telling us that we need to cut it because there were branches over her skylight and she claims that it was scratching the cover. she called the city when the last tenant had to sell all of her items at an estate sale due to loosing her job and having to move from the property and cited that she was in violation of city ordinances due to not informing the county of an estate sale.

Always prioritize doing the right thing and confirm details with people and through official channels.

I would only suggest a property management company set up if you are not working for an employer and are interested in retirement account contributions + deducting health insurance costs.If you are already working for an employer who is providing a retirment account plan + subsidizing health insurance costs, in my opinion, no point in setting it up.

Didn't want it to be a health hazard.Owner had the house checked out prior because they had the same concern actually.

Hi all,I'm making a trip to KS (from CO) in a few weeks and will be seriously considering a few properties to be used as BRRR's and for mid term rentals.Question for this group:a. Anyone in this area? Or invest in the...

Think of it like trying to save money on a doctor and potentially jeopardizing your health just to save a few bucks.

The population is also officially growing again. 

Is he in good health?