However this is driving up the prices of the rundown houses.

Most of our current leads come from driving for dollars to find off market deals.

@Emily Lee there is a cost to refinance so a plan like that can work but you would have to drive a lot of equity for it to be worth it. 

I wont be surprised if I drive by and see a Starbucks one day!

I wont be surprised if I drive by and see a Starbucks one day!

Poteae Drive, Colorado Springs, CO, 80915, $310,700 (Zillow)

I also hand wrote 100 letters and sent them out (driving for dollars list.)They key when starting out is to create as much opportunity as possible - both methods work and if done correctly both will just take your time and not too much start up capital. 

The cash flow situation typically improves every year (great Recession excluded).Get a property no more than 15 minutes drive from SDSU. 

Any time you drive to automate you have to deal with the garbage that bad realtors put into the MLS for rental units which sacrifices accuracy to save time. 

@Alyssa De Los Santos We hire "bird dogs" to build up our driving for dollar list, most of them are uber drivers or delivery men.