Price per sq. ft. is one of the best (in my opinion) and quickest calcualations to determine if a property warrants further investigation.

In my opinion, the best way to get leads prior to lis pendens is either Craigslist and credit report prospecting.

I am seeking funds, not necessarily "hard", but would like opinions.

Just as you would for a regular tenant, it is necessary to screen section 8 tenants (even more so in my opinion).You are ultimately responsible for your business and as such, you should take the necessary precautions and steps to reduce potentially problematic tenants.

Although I wouldn't have a clue about the local laws of Illinois, in my opinion, first of all, a "mechanic's lien" typically is filed by a vendor... for example, a garage mechanic files for an unpaid auto repair bill, or a lumberyard files for supplies delivered to a site but not paid for.

You can alos contact some local property managers as they would give you their opinion as to the rental value of your property and they also have comp data.

Here is a sample of docs you will need to get assembled before you start dealing with the lender: 1. hardship letter 2. financial work sheet 3. bank statements 4. pay stubs 5. two years taxes 6. authorize to release information 7. sales contract 8. broker price opinion that's just to get started.

guys, in your expert opinion, how long will it take before i can invest in a property?

In my opinion in bird dogging you do not have a contract.

Roc, I have heard that it's the best program in the entire universe and that even though Jason only charges a small fee, I would offer to pay him a million dollars if I were you....but that's just my opinion.