I have heard multiple stories of people who bought performing to get to non-performing and didn't even receive a single payment before they became non-performing notes bought at a premium so keep that in mind as well.

I have listened to many of the BP podcast episodes, read many articles, attended a few webinars with Brandon Turner, and I just bought Turner and Dorkin's new book (I have not read it yet though).

Was this a brand new market for you or are you familiar with the area?

After we bought it, we renovated multiple units, brought rents to market, and upon refinance, pulled out almost all of our invested capital (minus $15,000).

Finally 2 years ago I decided to dive in, so I bought my first condo. 

I was looking at selling a single family home that I bought as a primary residence.

Finally 2 years ago I decided to dive in, so I bought my first condo.

I bought two homes on one lot and had no competition, but it has been an amazing rental property ever since.

It seems like everybody who comes had some struggles with credit or Back ground or income.I bought the place two months ago and it’s almost completely finished.

@Sam JurgensonThe one thing I'd really mention is that when we got the FHA offer accepted on the 4plex that I bought this summer, everything was going according to plan until we tried to qualify the FHA financing in escrow.