The four people heading up the group are local investors, including myself, who are in the market doing.

Do you know anything about Special Assets Management Association (mysama.org)?

They also supply flat head screws for the bracket which drove me nuts.

If you haven't already, head over to J Scott's site at 123flip.com and check out the Education section.

Also get some market data, see where it's headed, inventory levels, and if a 2Br/1B is what people are buying.

Jonathan look up the taxes and divide by 12 to get monthly tax costs.Look for the HOA docs to see if there is an assessment and how much.Usually if you find a listing on MLS in that subdivision there will be some houses and it will list association dues monthly or yearly.For instance if taxes are 1,000 and HOA 1,500 then you have about 208.33 a month in costs.If you buy for 4,000 and hold for 2 years you have to get at least 9,000 in 2 years time to break even and even more with closing costs etc.That money will be dead not generating a return for you.You also need to know the soil sample and build ability of the lot.This will be a factor from who buys from you if they want to build a house.On the MLS you can see what developed lots are selling for.Is this lot developed and cleared with pipes sticking out of the ground or does it still have all the trees and uncleared and ungraded in it's natural state??

I was talking to my realtor about finding someone to work under and asked him if we have a real-estate investor association or something like that here, but he just said "No".

You are getting a home bought for you and getting a nice return.Check on your condo association.

It seems that I can never find a website with a legitimate company associated with any of these various commercial lenders.I guess I was curious what others have run across?

That's how employees would associate themselves with a company.