I am also particularly concerned about the 3 hour drive part.

Well if your strategy is renting the unit out, your greatest concern is not how it "comps" but how it cashflows.

And I am okay that some people chose to live like animals, but I am concerned about the neighbors..Like I said this is a nice little area..Down to earth blue collar working class area, and most of the people keep thier houses pretty clean, now here I come the block buster with the 36 year old white trash tenant and her kids.

Jon,In your response, it seems to only apply to deal concerning a single property.

As far as she's concerned, there's no difference between $450K and $300K.

The idea of owning 2-4 unit building came through some reading (The Beginner's Guide to Real Estate Investing by Gary W.

I have another concern, and that is that I'm not on the prelimary HUD anywhere.

As far as the court house is concerned do I just go there ask for the most recent defaults or foreclosures I've heard they read off the foreclosures and you have the option to buy them but, if you have you haven't seen the property how do you set up a contingency to ensure your not getting a raw deal.

For beginner like me, I found the education I received is highly valuable.

My concern is why the owner wants out?