However, you do have to have a marketing plan to obtain the motivated (key word) sellers.

Yes, motivated homeowners are your biggest focus, but if you aren't looking at other avenues you're leaving deals on the table.

I'm very motivated to get this done and i wouldn't have a problem getting the work done early.

You just have to keep at it and I know I'm bound to find those motivated sellers.

Can anyone give any tips to locate motivated sellers, people about to be in default, or good properties to purchase?

The best way to start is to motivate yourself, motivate to be successful and to accept everything, whether to win or unfortunately to fail.

I just want to make sure I have an understanding of the 50% rule. 8% Vacancies6% Insurance11% Taxes11% Maintenance/Utilities6% Management8% Major ProjectsWith the remaining 50%, you subtract the mortgage payment.

For my question I'm wondering if craigslist can work to get motivated sellers calling me, and where those posts would go.

If a seller has it listed with an agent, it unlikely they're motivated to the extent you want to get a good deal.

Bullseye always make sure you get a large non refundable deposit this way it motivates the buyer to stick with the deal.