I am a foreign national living in Panama where we have the 20 year property tax exemption and among other incentives geared for foreign investment.Panama has and will continue to attract investment dollars due to the forward thinking government here.

I might even fix up the electrical enough to get power up, since I can do all that, and the cost of materials is next to nil, and that will enable me to run fans to air out the property, power tools to do the "puttering around," etc.2) If that fails to make it attractive enough for a cash buyer, offer the best terms possible to minimize the rehabber's out-of-pocket expenses and facilitate the easiest deal.

I can see how you could attract the right buyers and sellers with your marketing approach.

If the presentation does not look attractive to the buyer, they will have less interest on your item and spend less time reading the listing.... therefore, less chance of selling your item.

I used to… But over the last 3 years or so too many people show up to bid… Not that I can’t handle the competition, but these people would show up and just pay stupid prices for the houses…It just got to a point where the time chasing the houses and going to the sales just to watch them cancel or for someone to pay $20k more than I was willing to was just not worth the effort…In the good ol days… I could show up and on a good day 0-3 people would be there to bid… Last I went, they were attracting crowds of 50 or more people… In addition, with all the investors, foreclosure help services, realtors, loan officers, and attorneys marketing to people in foreclosure, many never make it to the steps…I may go again soon just to see what it is like today… My guess is that not as many people go now as lender workouts and short sales have became so popular.

Then communicate the success with all the details available for review if investors want to check.You are building a 'portfolio' of projects and a consistent way of presenting them so that people can get their head around why they should invest with you.Each possible deal becomes a marketing tool to attract investors.

Read a bunch of stuff to see what attracts you the most.Consider your skills, your resources and how you can best leverage where you are starting from.There are many ways to start and some work better for certain people based on their personality.There is no best place other than starting from where you are.In REI you are the one who will make or break your success.

Develop your reputation as reputable and offering great services and you will meet and attract what you seek.Best wishes!

Not the nicest of neighborhoods, but they still command a hefty rental price.Then again, since this would be my first property, Pennsylvania is attractive as well, because although the cashflow will be lower, I'd likely be spending under $100k.

If you've got one, maybe two, folks involved in the estate, OF/LO can be an attractive option if all heirs are currently solvent and don't really NEED a lump sum of cash.