EDUCATION ON THE JOB: Investing 101 (rear view of the property) EDISON, NEW JERSEY This was a deal which, turned absolutely no$$$ profit, DID however educated me the most about people, motives and just common sense. 

Thanks for the motivation!

I agree it is better to invest within driving distance if the ROI is similar to what you can achieve outside of that distance.  

I would consider two options depending on your motivation.

You terms, my price"Strongly suggest you focus on cash flow and it really helps to make certain the broker commissions are paid to lubricate and motivate all parties concerned. 

hey guys i found this very motivated seller hes looking to sell me his two bedroom two bath family home for 15k$  He originally bought the proporty 4 years ago for 32k$ cash and has put 12k$ into the property the problem is ive just recently become serious about paying off personal debts and its effecting my credit the banks wont lend me a line of credit for 20k$ (5k$ incase of repairs)  and morgages are 25k$+. what should i do?

It seems like there might be some good motivation for a cash offer and quick close. 

Some have been motivated seller that would owner finance.

Depends on how motivated they are too, if they worry about losing their buyer they might cave or they might just say no.

I hope to achieve this by building a decent size portfolio of rentals--whether local or out-of-state.