My county lists out auctions for months going forward on the web, but I'm kind of looking for something that's a little more user friendly than a raw action list.I have about a billion more questions, but I just previewed this and it's already too long.

However, I have read some 'experts' that say unless you practice with your semi on a regular basis you are better off with the simplicity of a wheel gun.AdrianG: after you spend some time reading the many useful posts all over this site, you will see that some of us rent to low-income tenants where we are actively involved in cash rent collections, delivering eviction notices, chasing drug dealers and other undesirables off property, doing repairs at odd hours, etc.

I'm not saying that you can't ever find short sale deals, but unless you've got experience, connections or are able to buy in bulk you are going to spend a lot of time chasing pennies.If you are trying to buy a property for $72K when it is really worth $78K, I'm pretty confident you can do better anyway.

At the same time you can apply this logic to everything you do during a rehab and you can spend your life at the planning department drawing up plans on a scratch paper to show them how you are going to remove or build a wall.

The next 5 years is 40 billion foreclosure markets.Here is what I did: I get a list from title companies of NOD.

I'd make sure you have all the skills required in place before spending any money though, it's a big project.

My guess is that the $300 billion talked about is just the start, and that the Senate bill to be announced next Tuesday by Dodd and Frank will take off from there.

Of course, someone’s wealth is theirs to spend however the heck they want to spend it before and after death.

Your purchase agreement / contract will specify a period to really grind through the entire due diligence package, including inspections, but confirming the numbers before you spend any cash (purchase agreement work, inspections, etc) would be in your best interest if you can get the data from the seller.

Again, consult an attorney...spend a couple of hundred bucks to secure what your dad has accumulated.