ALL Foreclosure MUST be posted in the county legal newspaper for a certain number of days based on the State. 

@Karthik Jayaraman Based on your math, it looks like you're losing $915 each month, which can be a significant amount for many.

The question is, how do people find these connections if it’s an area outside of their original home base?

A DSCR loan (Debt Service Coverage Ratio) type loan would look at the rental income and expenses and determine the amount it could lend based on that.

We are based in NY, but we do have clients throughout the country.

Best to consult your CPA for the most relevant advice based on your state's regulations and tax implications.

It all depends upon the total cost of construction, based on that your monthly fixed cost/mortgage will come into picture.You cannot rent too far from market rate, essentially you should have some spread between mortgage(construction cost) and rent to cover for cashflow, vacancy etc.I would suggest you to keep the selling it out as your second exit strategy if renting is your first one. in that case your construction cost + selling cost cannot be more than market price of new construction.You can also try to reach out to developers to give them a piece of the pie but then you will have to sell for sure.

I will not have to avoid many areas but a few based on crime.

I thought I was going to own a few dozen single family properties before moving on to multi but after 3 I bought a 14 unit and have never looked back going bigger and bigger on every deal. if im not mistaken everything is already baked into that 775k except closing costs. and construction should take 6months tops. land is included (1acre) but if i had my own land builder said they'd take 65k off the price so 710k. yeah im just thinking whats best way to move forward. my first deal doesnt need to be perfect just want to build a nice base to build from

I already have income and expense tracking templates but everything is based on either purchase prices for comparison reasons or record keeping.