unless it has massive equity they won't be bothered  I have bought literally over a hundred like this.the days of buying a foreclosure that has some massive equity is LOOOONG gone.. at least in my markets. which were CA OR WA and GA  MS AL IN OH PA  those are all states I have been an active buyer.

And very often the fringe and the fray as @Al Williamson so eloquently defined, have much overlap.

Its here in Alabama and on market, the addy is 234 bay vw drive, Daphne, al 

To get American Homes and how many properties they own (N>=10 not shown for clarity): $ cat al*| awk 'BEGIN {FS="_"} { print ($1,$2);}'|sort|uniq -c|sort -n|grep "AMH " 10 AMH NC PROPERTIES, L.P. 13 AMH NC PROPERTIES, L.P., LIMITED PA 14 AMH 2014-2 BORROWER LP 17 AMH 2014-3 BORROWER LP 24 AMH ROMAN TWO NC LLC 30 AMH NC PROPERTIES LP LIMITED PARTNE 33 AMH NC PROPERTIES TWO LP 37 AMH HB HOLLEMAN HILLS VENTURE LP 42 AMH 2015-2 BORROWER LP LIMITED PART 49 AMH HB HOLLEMAN HILLS BORROWER LP 121 AMH 2015-1 BORROWER LLC 173 AMH NC PROPERTIES LP 201 AMH 2015-2 BORROWER LLC 195 AMH 2014-2 BORROWER LLC 213 AMH NC PROPERTIES, LP 296 AMH 2014-3 BORROWER LLCWhile the record counts are exact, the companies may not have all their holdings in entity names that I can explicitly identify, so my heuristics are an estimate at best. 

I started almost three years ago, I have six SFH in Atlanta and am closing on two more SFH in Birmingham, AL, this week.

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $285,000

Cash invested: $10,000

This property is a total of 2 acres. It has 2 duplexes and an ADU on it that ...

The Billing Inspector(s) et al accepted it especially since he also presented a detailed analysis of the property & it's idiosyncrasies to qualify for the 6 units. 

@Patricia Urcuyo I visited Baton Rouge and went to an Alabama vs.

might wanna look into gulf shores or otange beach alabama.

I've seen some real disasters that look nice on the MLS but have structural integrity issues, human feces in HVAC vents or cat litter in the toilets, et al so I'm a bit jaded.  2) Wholesaling and then something else ..or another way?