Try focusing on sellers that are motivated to sell but not in desperate need of cash.For example, a seller that is facing imminent foreclosure is definitely going to want to close ASAP and will want as much cash as they can get for the deal, and will be enticed by the guarantee of $2000 (or whatever) no matter what happens with your deal.On the other hand, a seller that wants to offload their rental property because they're tired of being a landlord will want to sell, but won't likely be dealing with a time crunch, so they'll be more flexible with both the closing date and the EMD. 

People are desperate for rentals in both of these areas.

As a brand new investor, perform this process at least 5-6 times before you have a job in hand that you're desperate to start.

This is why an experienced bidder or sherpa we'll always have the upper hand on bidders who act desperately.

Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

Also, desperately would like to meet other investors by going to local meet ups. 

I am desperate to find a solution, and I know that is when people make mistakes.

Yellow letters appeal to the motivated and desperate.  

***In Philadelphia, PA, a friend of mine introduced me to a woman who was,  56 years old, and is in desperate need in moving out of her state.

I'd love to turn the condo equity I never expected to have when I bought off a desperate sponsor in 2009 into a steady income stream, but don't have the time to be a full time landlord.