People were buying houses despite the negative cashflow betting that they'd sell eventually and make a ton of money on the appreciation regardless of the short term cash loss.  

Thank you all for your answers I am marketing more on Facebook and I have seen some leads come in, I was to keep marketing that way and eventually target a zip code and mail out postcards or some type of value that brings is the numbers

The other important parts of the process is buying the property at the right price & then eventually selling for a profit.  

If return on your rental properties makes sense than it doesn't matter what happens, you just keep collecting rent, paying down your loans and eventually you get a free and clear cash cow.

I make sure that I can prove they have income and credit that will allow them to eventually obtain bank financing in order to comply with Dodd- Frank.

I want to spend some more time with my family and think this would be a good avenue to make myself financially independent and eventually stop working in the city.So there it is, it went on a bit longer then it was supposed to.I have  several friends that are interested in partnering with me but i think i want to do one or 2 by myself before I partner with someone. 

To me, this is important for the simple fact that it's easier to learn the process if you can be more hands on with the deal.The process includes the purchase, rehab, lease up, stabilized management, and eventual sale of the property.

As a Mortgagee you don't control the property, so a borrower who might over capitalize an investment may also stick to an unrealistic sale price which prolongs the sale which can eventually cause delinquency and default.  

Eventually, we would want to learn the business hands on locally when we can devote more time and money to it.Obviously we are very much beginners and are still in the early stages of research.

We list a lot of bank owned foreclosure and deal with a lot of investors so I'm search our paths will cross eventually.