I found the preforclosure list and tax delinquency list in my county and have been studying them fora couple days now.So today while coming back from going out with the family I decided to test my tax delinquency list to confirm or deny my assumptions by driving pass a house on my tax list and sure enough, it looked abandon and showed all the signs I've read about and I heard.

I found the preforclosure list and tax delinquency list in my county and have been studying them fora couple days now.So today while coming back from going out with the family I decided to test my tax delinquency list to confirm or deny my assumptions by driving pass a house on my tax list and sure enough, it looked abandon and showed all the signs I've read about and I heard.

Of course, always factor in reserves.  

Once I got out of service (6 yrs active, 4 reserve) I set acquisition goals to make up my salary, while I took care of little ones. 

There's enough wrong deals and wrong strategies out there to make people go broke during any market cycle.If you aren't over leveraged and have cash reserves a bubble bursting should be seen as more of an opportunity than a catastrophe. 

Always confirm your analysis.

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Right there it clicked confirmation on my intuition. 

I'm probably going to be using creative financing on as many deals as possible in order to keep sufficient cash reserves and reduce my reload period to acquiring new properties..

4) If you decide to invest, have adequate reserves. 5) Know your end goal and work it backwards.