Hey BP Community!I am curious to know how much money are you guys spending on average PER YEAR on marketing expenses related to finding deals?In 2017, I've spent about 60k in Marketing and my ROI was a little higher t...

My issue is my debt to income ratio; daycare is killer.

My wife and I lived in a 1br condo for a few years before moving out and making that into an additional rental for us.I'm biased of course, but I think meeting with an investment-minded real estate agent is a killer idea. ;)Good luck!

So what I am going to do if it is possible is speak to her about letting an investor come in and take it over to avoid having a forclosure on her credit report which is a credit killer + I know how banks like to sell the property back to themselves at a loss, give the owner a debt forgiveness for the loss they take, which they now have to pay taxes on, and then the bank list the house with a realtor and tries to get fair market for it.

Then do your initial walkthrough of the park so you know exactly what you have, along with the compliance items to make sure there are no deal killers.

Gents, killer advice here. 

You have really set him up for a killer future and I look forward to being able to do this with my kids in the future.

In my area (Cleveland) taxes are the killer for me.

These are not deal killers, but you need to be able to either find these consultants, or find a architect or civil engineer that can coordinate a good team.Also check with the local permitting jurisdiction to make sure that the zoning will allow the development.

What's more likely, that you do a 1 hour search of a property on Zillow in an area you know nothing about and find a killer deal while ALL the other investors in the area are sleeping. oryou found a deal that no other investors want at that price because they know something about that property or neighborhood that you don't.The internet has made deal analysis priority number 1 in property purchasing but that does them a disservice when they forget the first and most important part of real estate: LOCATION.I guarantee there are a ton of investors looking at deals no matter where you go.