Second, you must create a Investment Package to show to prospective investors.

Hello Brown,I just received a new prospect through our website with a countryside home in the city of Torremendo, Spain, the owner is Scottish and I believe he lives in England.I've attached the info the owner sent me yesterday;" I will send you the information and photos in the next few days.

I have several prospective areas, which produce good cash flow.

Hence, I am a bit deterred by it.  

One of the many ways I use to to acquire properties that have been advertised for tax lien auction is to go directly to the property with the tax sale lien notice.If the house if vacant, I start my search for the ownerI try to make an offer to buy it or control it subject to re-sale by public auctionI sometimes make an offer to buy while doing a joint venture with the seller (I call it a hybrid offer)There are times when the owner just forgot to pay the taxes, or intends to pay them later or just buying some time until the property is sold or refinanced.If it is occupied, I just tell them that as a private service I wanted to inform them that they have rights during the tax sale procedures (I explain their rights and what options they have), many times the owner appreciates this information and may later call you to make an offer.I realize that while on my way to the tax lien property that I will be driving pass hundreds of other properties where I may see a FSBO or a vacant house that might be a prospect for me.I understand the Universal Law a Reciprocity and how it works, to give freely of your service or advise, the law says you will be rewarded sometime in the future when you don't expect it.Helping other is something you can feel good about.Being active in the field is the best way to find good deals (better than letter writing).

Another word of advice: Don't be deterred when 99% of those around you say you're too young to buy a house or don't know what you're doing or that landlording is awful.  

If for the sake of this question we divide prospective tenants into three categories, 1 nightmares, people who cost more money than they pay 2 mediocre, or 3 good, defined as people who pay on time and do less damage than their security deposit.

Then let your prospective tenant do the rest.

You can do this by taking real estate courses or finding a legit mentor, someone who is/has bought and held, flipped and/or assigned a purchase contract.Nick My apologies, I had just reviewed my original post and didn't mention I am a prospective rehabber.

I am working on my debt snowball, I own (mortgage) a home and my future prospects for "earning" more income are limited.