Hey everyone my name is Joe, I am in the south Florida region of the states.

The only way I KNEW it was a good deal is I had been researching two areas for about a year. 

Personally, I love working with distressed properties, especially foreclosures.

Especially anywhere in California, and particularly Los Angeles county.Talk to longtime neighbors who might know story and whereabouts of owner, but don’t accept as fact.I’d start with researching who the record owner is.

I do not personally originate loans.

I asked when the other person will retire.  

Ask about their reviews, do some research to see if they are actively closing transactions. 4.

Before committing, I’d highly recommend researching demand in your target area and connecting with operators who already run similar rentals there.A tiny home or glamping concept could be a huge hit in a market where it’s fresh and unique, but in areas where it’s been done before, you’ll need to bring something innovative to stand out.

Start researching price to rent ratios in areas and see which area has the best combination of cash flow/place you want to live!

You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.