#1 was a Hubzu, under contract after 2 and a half months of bidding. 

I never used direct mail, but I know it must work as they sure use it.If I want to "find" a note I do so locally, there is probably a half billion in notes within a 100 miles of me, I can't buy them all, at least at par.

            $3180Annual Cash Flow          $1485 (Or $2385 with management figured back)Cash on cash                  18% (Or 29% with management figured back)It's in Madison Heights, within a half mile of 7 of my other rentals.

That type of work (i believe) still beats a 9-5 job where half your income goes towards living expenses that aren't building your assets.  

@Sarah Miller The easiest way is to refinance with a conventional loan assuming your ARV is high enough to give you he 75% equity you'll need to refinance an investment property.

I thought I could do it myself...I'm a handy guy...I painted the entire inside of the house in 2 a half days, finished it up in a weeks time...During that time, I lost a sale that would have made me lots of money...I learned my lesson the hard way.  

It'll be at half of its assessed value soon and doesn't need any work to make it rentable, but will need some repairs in the not too distant future. 

I planned to be there for the whole three and a half hours.

My plan is to finish school within a year a half and get a job so I can save up and buy my first property I plan to put 60-70% of my payche Into savings.

Those two sites will literally cut your costs in Half. $600