Also, I would suggest reading articles, latest news stories that feature these neighborhoods.

Sales typically allows this.

@Matt Boyle days on market are typically less in IN just cause the market is a little smaller and as far as rentals go it shows a higher profit cause of taxes being lower. 

Another advantage they have since these lists are typically directly compatible with a mail merge system on your computer or through a mail company.As for the types of list I recommend: Absentee mixed with owner Occupieds.

Commercial lenders typically extend terms up to 20 years not 30years.  

So here are some of my definitions:Cashflow Properties:Investing for Rental IncomeHere is a typical example: a house built after 1980 with very basic fixture: carpet floors, linoleum floor in bathrooms may be found for 90k-140k in an area where it pays $900-$1400 per month.

Always do the math analysis on a prospective property and try to look at it of at least have a clause in the sales contract that allows you some time (about 15 days) to make a detailed inspection and possibly walk out of the deal without a penalty that will hurt you too much.The thing you also should do in the beginning is to have a Team put together that typically have an Attorney, real estate Agents, a CPA (or accountants), Inspectors, general Contractors, and Handymen.  

Typical bank draw cycles are at least 30 days plus a few days for the bank to process.If your contract stated payment immediately upon completion then you have a solid argument.

That typically is investors.

There are a few larger rehab companies in the area who can afford to flip homes at a lower margin that your typical one-man rehabber/investor.For speaking with motivated seller off the MLS, I think 70% of ARC minus repairs is the best rule of thumb.