BP has so much great material, so you will definitely be able to educate yourself quickly.

If it's a reputable wholesaler they typically would not use a shady title company Thanks Chris - I like your idea of having my own title search done too but I'm not sure if there would be time for that as these wholesale contracts usually close quickly. 

This will allow me to know if there is any fraudulent activity.I require renters to send me a copy of their drivers license and they pay a $300 security deposit.I still mow the grass myself even though house is an hour away because I like to check on things but I could easily outsource this and rarely have to visit property.Homeaway takes the payments, maintains a calendar and website with pictures and details of the property.I wanted to offset the ownership of a lake house, then very quickly it started paying for itself.

(About an hour north of NYC in the Hudson Valley).In this post, I quickly and efficiently point out some general rules of thumb and some very specific tips on how to achieve a Luxury Kitchen on a smaller budget.

Luckily the inspector notified us of all the mold growing in the basement so we got out of there quick. 

Next day turn around would be pretty quick for a conventional loan in my experience.

For instance, if I think the house is worth $80k and the mortgage being foreclosed on was taken out 2 years ago for $100k I just stop my analysis there because there is no equity and the lender will buy it back for more than it's worth. 95% of the foreclosed properties in my area still fall into that category so I can quickly narrow down the list.From there I do a physical drive-by.

Is there a quick and cheap way to do this? 

It's gonna cost a couple grand for the survey so you better make sure it's a good deal and it's going to sell quickly otherwise you're out that two grand and that is why I didn't put it up and ultimately wasn't able to sell the acreage.

So you have 6 months to do any major repairs or quick improvements and find a bank.