@Conley Hallsearch the BP forums for "lease options" to educate yourself on the procedure and the legalities of lease options in your state.You would need, at a minimum, a lease agreement and a separate option agreement that identifies the non-refundable down payment from the tenant/buyer, the option period, the sales price and if any part of the rent would go towards option payment.

My next step is to identify a market or markets where I'd like to invest.

·Pool Location/Size – Pool properties are identified by Fannie Mae and are grouped into sub-pools based upon their location.

When someone identifies a house that is either foreclosed on or in threat of being foreclosed on, buys that house, then turns right around and sells the home to a flipper for a small, but quick profit, say $5000?

So they researched my name and some how came to find my home address and also identified my car.

I buy mainly sight unseen but this one house I had placed an offer had an appraisers report on it which had identified human excrement.

Gives you a chance to meet them, build a relationship and identify potential problems that can be addressed.Frank

Careful with code and assess issues. 10) Create multiple units out of single units where zoning and code allows. 11) Change use of property to highest and best, ie convert warehouse to smaller self storage units or lofts. 12) Change zoning to allow higher density and more expensive use. 13) Paint and cleanup property to command higher rents. 14) Identify and rent to niche market at higher rate, ie felon friendly. 15) Convert property from long term lease to vacation rental.16) Rent to roommates individually instead of the whole property.

Computers can generate values relatively easy but they can't identify value for condition, quality, and location.

Make sure you have a service animal policy as well and know how to identify legitimate service animals vs. pets.Animals... dogs, cats, caged pets whose owners let them roam free out of their cages, warm blooded or cold blooded... can cause property damage fairly quickly.