(and places to find mentors)I have tried looking for REI clubs and I know of the NorCal group that meets in Sacramento, but I was hoping for something a little closer.Also, as a student of like, 10 years, I was thinking of doing my niche in rental properties for students.

If you prefer not to do that, you could order a "drive by" appraisal from a local appraiser.Ultimately it's all up to the bank to accept or deny the offer.

The Niche guys have something to offer.

Forgot to also Mention although I prefer to unload my REO's via bulk sale for less money, I have no problem getting rid of them individually however I would probably look for a larger spread.

Hope you are still active in the REO niche!

I probably wouldn't have done it anyway.Two things I used to always do was show them a sample of which size nail or staple (preferred) they were allowed to use if they hung Christmas lights on the exterior.

I generally prefer the 3/2 or a 4/2 as the statistics in my area show these are properties that are most often sold.

I prefer to work with person who has experience or worked for a lender(s) in this field.

Mostly it has to do with your comfort level, education and tolerance for risk.Personally - we prefer real estate (obviously) for multiple reasons.

It's just preference, and what you feel is most effective for you.