This time I plan to use the knowledge I've gained to get out here and try to lock down my 1st deal.I'm still working on a few details and I still have questions but I'm giving my self a three week deadline starting tomorrow to at least send yellow letters or postcards to potential motivated sellers to possibly get my first deal.If anyone has any advice it would be greatly appreciated and I hope to connect with many of the investors in my area in the near future.

Here in South FL, multi-family properties are VERY OVERPRICED so I would stay away from them unless you get a very motivated seller or one in a lot of need of work..

In order to permit tenants to adjust to the possibility of unregulated rents, and to address the potential for abuse of the owner-occupancy exemption by landlords who are motivated to move into a property to gain an exemption just to increase rent and not to reside in the property, this exemption should not take effect for one year after the amendment to This chapter exempting these rental units is adopted, or one year after the landlord begins owner-occupancy, whichever is later.I'm not sure you answered my specific question, but you have brought the above paragraph to my attention which looks like it directly applies to me NOW being exempt from Oakland's rent control and the "Just Cause for Eviction Ordinance" since I moved back in and Owner occupy one of the two units.

The seller was motivated from the outset and offering the house at a great price.

It sounds like neither of these sellers is very motivated.

You can't create motivation.. your job is to find it.

You'll find a wealth of information, and motivation by reading through these posts.

I have currently been searching the MLS but would like to start sending out direct mail in hopes to find motivated sellers.

Case Study:I found a property located in a very wealthy area (Red Bank) that is an estate sale with highly motivated sellers that is being sold in "AS IS" condition.

GreetingsI am going to meet with my first motivated seller today to view the property.