As @Ned Carey stated, you can get the utilities turned on.

@Nicole Williamson @Amir Stoudamire @David Kosiorek - there is a BW Meetup this Weds as Ned mentioned.

If a property appears neglected or vacant as @Ned Carey predicted, I check an online tax lien site, the auditors' site to estimate how much equity they may have, the scheduled sheriff sales site where the plaintiff is a clue to which are probably tax lien sales, and the Clerk of Courts which shows other foreclosure actions, judgments, etc.

As Ned says, ultimately your investors will want a return on their money but their first concern will be a return of their money.

I'm a rehabber and I'm located only about 10 minutes from DC in PG County so as @Ned Carey mentioned there are tons of stuff to pick up that's in the under 200k bracket just outside of DC before you get to Bmore and Richmond.

As @Ned Carey  stated check out the Meetup and you will find another great resource of free information.

I have not done NPN either as @Ned Carey had posted nor am I knowledgeable enough to discuss the topic.

Hi @Melissa Kirchhoff - As @Ned Carey mentioned, I would sell it for a premium and that premium would depend on how close the home was to the foreclosure process.

As  @Ned Carey indicated you need to have room to build extra equity through Rehabilitation (adding value).  

Hi Roger, this question is asked a lot on BP, but as @Ned Carey pointed out he has gotten some great information from some of the seminars and paid programs.