If all the newbies new that, the gurus pitching their how to buy foreclosure secret systems would be out of business.It takes a very special personality, dedication, and the ability to hear a hundred No's or have 100 doors slammed in your face before getting a successful deal.

Lots of growth going on.

SFRs are priced based on comparable sales, and are strongly tied to demand and the ability of people to buy them.

I don't have an advertising budget but I know that cold calling ads in the paper and driving around aren't going to maximize my ability to find properties.

If you are advertising a home with no money down and you want to filter out people who have no ability to get a loan, bad credit, etc...

The market has had negative growth for the past 8 years if you factor in inflation, real wage growth, stability of our market, consumption vs. production, spending vs. savings, and many other factors.

I would like to contribute to this forum to the best of my ability in the hopes of finding a great team to work with me on bulk REOs.

Then ask if she trusts your decission making ability.

I wouldn't think it would change my debt/income ratio since I'd have a positive cash flow from the rental income, but I would still think my ability to pay a loan back would be a greater risk.

We've added the ability to add references so you can see if that contractor has people who recommend them and their work.I think our Mini Tutorial of the site might be helpful for you guys:http://www.biggerpockets.com/sitetour/tour-features.htmlHave a look and let me know if this clarifies anything for you.