Another thing I think is very important is learning what homes sold for 10, 20, 30 years ago as well as what rental rates have been historically and where they are now (Side note is that I'm working on doing this and haven't found a really good way to find this data yet).

I am a newbie and have been looking for my first deal.I found a house down the street where I live that appears to be abandoned.

We found a property that had been on the market for nearly a year.

hi thereWorking in the bronx for 10 years now id be happy to advise on you next purchase.We own and manage multyfamily as we found it to be the best investment strategy to our share holders.Please do not hessitate.D 

I found this website when I was reading business insider and listening to the podcast on madfientist. 

Im sure the answers and or guidance you seek will be found here.

Anyway I enjoy listening to Clayton's podcast and because of him I found BP.

I am considering using this property and some additional equity as leverage to buy a larger multifamily, but haven't yet found a property that I'm interested in.My goal is not to have a ton of properties, but to have cash flow to exceed my expenses and leverage reduces cash flow.

Send them a letter (not yellow letter because they are getting dozens of them) telling them you found their house to be apparently vacant.

I'm still finding my way around this site, and of course can't find them again.I've found an abandoned home, tracked the relatives, but they've moved.