As long as you are not looking at an area with abandoned buildings or lots of storefronts with "For Rent" signs, you could still have a viable location.

More investors and buyers will be encouraged to purchase homes due to this major change.Take a look at the revision:Section 203.37a(b)(2) of the FHA regulations, 24 CFR, is hereby waived for a period of one year, September 14, 2009 through September 13, 2010, with regard to sales of previously foreclosed or abandoned properties acquired and resold by for-profit and non-profit entities using funding from and performing under agreements with state and local government agencies under the NSP program.http://www.hud.gov/offices/hsg/sfh/waivpropflip.pdf

I finally abandoned my loyalty to him and found an investors agent and within 30 days I closed on a house with her.

Although I have not entirely abandoned the idea, we have agreed to take a different approach to reaching our REI goals.

Unscrupulous tenants have been known to turn on appliances and leave them running, turn on faucets and leave them running, turn on lights and leave them running, turn up the heat and leave it running, remove smoke detectors, unleash pests (insects/rodents/etc) in the property, and worse.Fifth, see if your situation meets the criteria for abandonment, for your jurisdiction.

I recently had a abandoned property that suffered from some fire damage given to me from a family member.

I can hold it for 15 days and then it's considered abandoned property and I can sell/dispose of it.They typically only leave junk behind and it's pretty obvious they won't come back for it or sue you to recover it.

He has a portfolio of properties that he has abandoned.

I have a vacant residential lot in another city that I'm holding for future use. When my guy went to cut the grass, he sent me pictures of a mobile home that had been dropped on my lot.  I have absolutely no idea who...

It occurred to me that while I’ve been driving around, I could also start “Driving for Dollars” and take note of properties that look abandoned, and send letters to the owners.