Identifying neighborhoods with good schools, infrastructure, and amenities can lead to finding a hidden gem.Myth 4: It Is Only Seasoned Investors Who Can Handle Distressed PropertiesExperience is helpful in real estate, but you do not need to be a seasoned investor to do well in distressed properties.

If this is your first deal, it's probably best to get a lawyer to make sure you're doing everything properly.

In my case, all three sellers were older and tired of dealing with tenants, but they liked the steady income.

The only way to achieve this is by looking at and doing real deals.

I mean, I could try to just memorize the math..The tool is called Cashflow Analyzer Pro with Deal Instant Analyzer from Asset AFC.

Look for a location with low crime, then look for the neighborhoods with the best schools.

How did you find the deal?

(Even went beyond the second page of Google.)I have an investor who wants to partner on a deal by providing a loan for the down payment.

It frustrates me when people say, "there are no good deals" or, "can you send me a good deal" but never define it. - What price point can you afford?

My spouse went to school at UT and the rental there is a hold over from graduate school.