Once in a blue I do point out kindly to the individual that their comment has zero intensions to the original posts.Thank you for the function option you mentioned.

There are many good resources for that here on BP, and folks in your local real estate investor association can also probably help with that kind of analysis.Also keep in mind that properties in worse areas may have a better return (ROI) but are also usually more management-intensive.

It's quite possible that you bid on something that looks fine online, only to find out the building has been torn down or burned out - both have happened to me and I've lost money in the process.If you're willing to put in the time, you can make a small return on a few thousand dollars, but you should understand the risks and it is one of the more advanced/legal intensive areas so again I'd recommend consulting an attorney on the risks because you can also lose money, possibly a lot if there is some kind of environmental problem on a property you bid on.If you don't absolutely understand what you're bidding on and potentially getting, if you bid less than 100%, then IMO you should not bid at all.I'll also say that RI Housing typically takes the cream off the top, in that they get first right of refusal to take owner occupied liens at 100% and they go after houses with equity.

Yeah JoshNumbers don't lie just like ball doesn't lie (actually it does) in a basketball pickup game.In a Denver/your market, etc. 

Professional basketball player here who has a ton of time in the offseason.

They are labor intensive so they price it out the roof. 

I flipped roughly 20 properties from 2002-2009, while working a full time job and coaching my sons basketball teams.

You can try and start here, but be assured, it's an education intensive niche.

And it is, truthfully, what they call 'management intensive'.But hey, it cash-flows really well.However, I look at it as a CD that doesn't appreciate, and my exit strategy would be to sell it for what I put into it and let some other investor take over the excellent cash flow.

sounds like a boarding house, which often rents by the week and is much more management intensive, though you will drastically increase your top line.