Cleveland was hammered in 2008 and prices are getting back up (in some areas) where they were at in the early 2000's (Shaker Heights, Cleveland Heights etc.)Other pockets in the city that were historically distressed are now seen as areas to collect cash flow as investors are renting them out via long term as the cities rental population is nearly 3/4's of the population.

Purchase price: $545,000 Cash invested: $120,000 Sale price: $545,000 This lovely home was acquired by a seller in distress who did not wish to go the traditional route of selling.

Groups are choosing large short term rentals over renting multiple hotels rooms when they present a value and experience that is compelling.So the THESIS is that the next 18 months present a unique opportunity to buy into hotel property when the prices are distressed in the short-term but the industry has great long-term trends.What research have you found to support or dispute this thesis?

Get an experienced agent and price it a bit below market value to sell fast.If you are not in a distress situation, there's no reason to sell to a wholesaler.

Even finding a distressed property rarely leads to enough cash flow to make it worthwhile, especially in today's high-rate environment.

The mailers I send consist of distressed properties that I drive by using the driving for dollars method, pre-foreclosures, divorces, and absentee owners. 

There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.

It also appears that there's a STRONG correlation between tax sales and distressed property (plus, arguably, worthless property) - ie it's showing on Zillow it's 400k but for the last 5 years it's been a meth lab with fire damage, or whatever.

@Avrohom Green I started out with $25k and a distressed SFH.

how to find distressed properties?