When you go to resell, any good buyer attorney will investigate the foreclosure, and any defects really could cause problems for you.

I'm at the point now where I'm considering strategies, analyzing deals and investigating funding options, and would love to make some connections in the local area.

I will take your advice and run with it, I'll start investigating what attorny I'm going to use out in Ohio. 

Google Portsmouth city council, Portsmouth chief of police, PRHA Hud investigation just to get a peek at some of the recent drama. 3) If you plan to SEC 8, Portsmouth is the worst of our cities to deal with.  

Calculating cash flow based on 100% financing is the only way to get a handle on a property when initially investigating the numbers.

The reason is that I already have 2 properties and it will be hard convincing FHA that I truly want it to live in it.I will investigate the piggy back loan option more.

If I'm scanning the MLS for my area, I want to be able to identify properties which are worth more investigation (i.e. actual numbers, as you mentioned). 

It will allow you to finance your rehab costs.I haven't done one myself so it may not be an option, but definitely worthy of investigation. 

Regulations (like eviction cost) Typical rehab costs Typical time a tenant stays Typical turn cost Landlord insurance cost Property tax rate for the specific location(s) Probable ongoing maintenance costs Purchase price range - When you know where, type and configuration, you can easily determine the sales price range using Zillow or a similar site.Once you combine answers to the above questions you will have what I call a property profile.Detailed Location Investigation ConsiderationsWith the property profile you should know exactly what you are looking for. 

I decided to utilize the yellow letter platform in searching out prospective properties while investigating opportunities of my own.