Choose an area with judges that have their heads on straight and get your day in court.

Expired listings/canceled listings-RealtorsAbsentee owners-List sites like Listsource.com30-60 day late on mortgage-List sitesProbate-County court house,Probate lawersBankruptcy-Civil court records

The trim, interior doors, hardware, cabinets, roofing and windows are at a steep discount because they are all canceled orders from people who declared bankruptcy and didn't pay.

This is an active rental area with young families due to the good schools, decent rent prices and nice community with plenty of activities and local pool, skate park, tennis courts, shopping, etc.Homes still rent in the summer, if you are looking for a year round renter.

The question is people that are predators usually do not have a nickel to their name and want to use an attorney on a pro bono (free until money is won) basis.The attorney will not take the free case and allocate their time if they believe they cannot get the insurance company to pay some money to go away or they will lose in court with a weak case.If you have someone that already has a bunch of money and is not thinking straight of course many attorneys will take their money and file knowing their client cannot win.So suing,winning damages in court,and COLLECTING MONEY from those damages are 3 totally separate things.What court does is suck away time and money and takes away from your productivity in business.You would want an LLC or otherwise just for an extra layer of protection and for tax purposes and business write offs.Your brokerage E and O you would need to look up maximum coverage,deductible,and exclusions in the policy.No legal advice

Good idea, but I don't think series LLCs are recogized by the courts in every state.

Because the IRS presumes it is not a legitimate business, you have to overcome that presumption by fighting the IRS and proving to them you are legitimate (ultimately going to court if you choose to take it that far.)It all depends on how much you value taking those deductions and how much hassle (and money) you are willing to spend....

Or just ask at the court house.

How many properties do you think trustee sale buyers get to see inside of before they bid on them down at the court house steps?

I started a wholesaling group and spend my Saturday mornings with them.I am looking for my next purchase at the court house steps, while I am working on a few more.Good Investing...