Once you come up with ideas, market for cash buyers in your local area to see if you can find folks that could implement one of your strategies.

It's great to have experienced folks join the site!

@Julian Buick  don't see this as much of any thing a underwater first followed by an underwater second.. that second has little to no value.. unless you were to judicial foreclose then get a judgment on the folks then that could be wiped out by chapter 7 ( I think ).at the end of the day seem like a lot of work with a lot of risk..

These folks loan the funds to acquire and rehab or build new primarily single-family houses in their own market areas.

Looking forward to seeing the different ways that folks are handling this.

There are a lot of folks that come and go so established folks are pretty closed and tight nit.

Rick - do you think that folks on this thread understood the profound nature of what you said?

@Russ Scheider Russ has asked me not to tout the attributes of the area lest it create undo competition :)IN all seriousness this is one of the under the radar markets investors dream of.Let all those folks think they need 10 caps with no appreciation..

Thanks folks.  

I love that you are targeting folks with back taxes as that typically means the properties are paid off and they are not keeping up with it for “some reason”.