I live in San Francisco and the closest auctions in my price range are roughly an hour away.Given my situation, would it be best for me to buy from a wholesaler?

I hope to get to know most of you through these forums and eventually network with my closest ones!

I can tell ya that the closest REI meeting to me is between 40-50 miles away.

PSF = $56.00328 Surrey Ln, Willow Park, TX is the closest sold property - very far away - and sold for $100,000 on November 9, 2011; PSF = $39.00 it is larger and newer than subject property208 Westridge Dr, Springtown, TX - next closest sale - April 5, 2011 also larger and newer sold for $76k at $47 PSFSo, the subject property has some issues.

Mark,In my opinion, one of the closest out of state markets where you can obtain true cash flow is Las vegas.

Closest I get now is texting.

The closest thing you have is the seller telling you the bank verbally agreed to accept the short.

.* Photos (depending on the location of the property) - tape photos of the property to the inside window closest to the front door

The closest I've come are the Wednesday morning Exchangor meetings at the Denver Board of Realtors.

Duplex--ea unit is 2+2 about 998 sf; fair market rent is $1000 to $1100One unit has been totally remodeled---the other is a mess with a long time renter who is a hoarder and only pays $500;Listed with agent who can be let go anytime;Price is in the mid 130s Closest comp is $165k (.24 mi) Another within .3 mi sold for 155k2 more comps within .5 mi range @$155-160 and are newer.I am thinking to offer $107ish: 75% of fmv of $160ish minus 10k to remodel the bad unit and 3k for the eviction stuff (I HAVE NO IDEA what it costs to evict a tenant--I was just guessing it would take 3 months)then:evict tenant, rehab the bad unit for 10k, rent units for $1000.