Most of them get cleaned up and then Zillow does not track them and remove them once a homeowner clears the back debt.

To get around this, you need to have a good relationship with a bank, and show a strong track record that you can not only increase the value of the property but maintain that strong performance.  

@Michael Tyler I may be going off track from the main reason why I wanted to post but I just wanted to clarify with you.

Your budget will help find the markets you're capable of investing in.

If you are part of an organization or have the capability of funding a program like this yourself, please reach out.

They can make a deal happen when it looks like it’s going to fall apart or they can kill a deal that is on track to close.

It will also benefit you to keep track of what was done and the costs.   

I believe the best option incorporates all three approaches, in the following sequence:Connect with knowledgeable local investors to quickly get a sense for the many sub-marketsBuild a core team of capable professionals (PM, inspectors, contractors) who are goal-aligned with you and also have no conflicts of interest among themselvesDo a single small deal to establish a work process for the team and get a minor win.Make strategic visits, not to inspect rehab work but rather to strengthen your relationships with your core team.Do more and larger deals, adjusting the team as necessary.This is exactly the approach I'm in Lubbock, Texas today and would love to compare notes with you.

It looks beautiful but the train tracks is right behind the property.

I just got done listening to an episode on "Get paid for your Pad,"  They had a tax guy on there talking about tracking your deductions.  1.