As long as you have your power triangle in the kitchen you will be fine!

This is a great start to get you pre-approved and this way you'll know your buying power and you can move forward from there.Also check out my interview on the Joe Fairless Show, the link is on my profile.I hope this helps and have a great weekend.

In my state, techically it is not legal, but all he would have to do is get a limited power of attorney to correct it. 

I would start with understanding how a power of sale works and your judicial and non-judicial processes.

I would would think moving forward that investors would have more negotiating powers with banks or sellers as prices continue to drop and get a cheaper price then say 8 - 12 months ago...Thank you both for your replies and opinions. 

As in a I want to do this as quick and as cheap as possible..  

@Manish A. I

Give your name and number and ask them to respond if they are interested in selling or maintaining the house to local and county codes  since it is clear that the house needs some maintenance. .I use the code approach to push the issue that their asset is declining and see if you can help - maybe they got cited already by the city - I find it generates more response than just a I BUY HOUSES card. good luck!

It will take a LOT of work on your part but if you understand the power of partnering on deals with a knowledgeable investor, the learning curve will be shortened considerably.

(As someone who has done a lot of selling in his lifetime I understand NLP and the power of the spoken word, I simply am doing the upmost to be honest and capable of follow through with them.)