Do your homework BEFORE you lose money.I almost did, when we explored purchasing a condo in a very well visited European summer vacation destination in the Mediterranean Sea, Mallorca Island (completely a dream by the way).

Those couple of positive reasoning is the demand and/or it was preleased for a few years by someone I felt very good about.If it is in a bad neighborhood, I would do everything I could do to minimize my visits there. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Hello all,I'm new to the BiggerPockets website but visit the website and listen to the POD cast everyday. 

I’m not any distro lists (though good idea), but have come across this on BP: https://www.biggerpockets.com/rei/bank-owned-reo/ It’s a nice start and has all across the US

However, the broker has a reputation to maintain with his buyer list, and he knows both sides need to play-nice in order for the deal to happen, so he's incented to be helpful to both parties.

Once i told him that there was no way i could afford his services at this time, he was nice enough to give me some pointers to get started on my near nothing budget. 

I grew up there and visit often.

I would recommend to visit NJ REIA meetups.

@Matthew Bond Hey Matt - Nice to meet another Ontario friend on here.