Originally posted by @James De Stefano:For sure Pre-Approved.  

Any seller seconds are "de facto equity" for the investor/principal because in theory it would satisfy the debt holder's requirements to procure additional debt.

Hi F De Rop, certainly you haven't bought any property in PT yet.

Learn from my mistake by listening to this podcast interview:http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/I lost money on a 36-unit apartment building which I thought was a no-lose proposition because I bought it dirt cheap.

After initial attempts to dry, treat/de-oder, and seal the subfloor we ended up pulling the plywood and insulation; treating the concrete slab and relaying a new subfloor.

@Rafael Floresta I market and work the Delaware Valley lets hook up when you get home.

I'm looking for:Good school systemsLow crime areasResidential areas with few rentersQuiet side streets, cul-de-sacs are greatClose to amenitiesClose to transportationMust be positive cash flowBargain priced is usually a good thingNot next to:  highway, bar, junk yard, sewer plant, commercial area, loud areas, negative things that you can't change.Non flood zone areasPublic water & sewerNon oil heated housesYard not too large or too small

Well it is not recommended to do but if you want your sidewalks de iced.You can always go get water softner salt.

Unfortunately I did not receive the agreement of sale until 2 days later (I guess it took the listing agent some time to send it to my realtor), so I really only had 8 days for the inspection.The house was winterized, so I had to get a plumber in to de-winterize it and the Gas Works to turn on the utilities...unfortunately there was a mix up and the Gas Works did not turn all utilities on...therefore I had to cancel my inspection which was scheduled for the next day, and had to reschedule both the appointment with the Gas Works & the inspection.

The most highly sought after are north of I-20, but I suspect most of the deals come from the I-20 corridor (South of Ponce de Leon) North of I-20 and Cobb County, Alpharetta, Johns Creek, Roswell.www.city-data.com is a great source.