In 2018, these "artists" can be replaced by millennial hipsters that open coffee shops, juice bars, and hot yoga studios in low income areas subsequently causing the area to get increasingly better over time.Has anyone else noticed this trend?

@Sina Simingalam I was thinking maybe I should take a loan out on the money I have invested since the interest rate is low.

Run the numbers.Based on your scenario of $500/month, $6k/yr & an $60k property (low end):1 - It would take you 10 years, if all goes perfect, before you got your money back...and then invest in the next property, where...2 - You would immediately fall behind by another $80k (assuming after 10 years, $60k property now costs $84k), and it would take 6 more years ($7k x 2 properties) to break even again, before you invested in another property (assuming all has gone perfect for 16 straight years now...not going to happen).3 - After the 2nd property is made whole again, you buy your next (3rd) property, and you would immediately fall behind by another $105k (property now costs $105k), and it would take around 5 more years ($7.5k x 3 properties) to break even again, before you invested in another property..Let's take stock of where you would be at this point. 

Currently have 3 fourplexes that cash flow over $1500 each and low mortgage on my dream house. i have an accepted offer on 4019 e calwa fresno ca. the property is 3 separate 2bd houses with garages on 1 APN.

As low income housing, I don't see needing to be perfect.

As I scale up, I would find a digital solution with low processing fees.

mailing to pre foreclosures is pretty low return or odds. 

In the beginning, the bank account would run low, and I honestly believed an inquiry would show up.....and they did.

Another way of getting by with low credit is through partnerships.

I bought the office condo for a very reasonable price and the mortgage is super low, $850 a month.