Don't buy things you can't afford.I think part of Jay's point is cash flow positive in '05 with occupancy in the 90s percentage wise is NOT the same thing as cash flow positive in '07 with over 50% economic and physical vacancy ... a majority of buy-and-hold investors would start bleeding money, and bleeding badly with over 50% vacancy, and that did happen for many landlords in '07-'09 a lot (not just here and there on occasion).

On a very rare occasion, the owner may still be living there and have it for sale through a broker still trying to unload it themselves.

When it comes to a domain name for the cash buyers page my mind is a blank.

Yes, Wayne is right, the FHA 203k s the best place to start, blanked out there.

Make sure to use the search capability as the majority of newbie questions have been asked and answered on multiple occasions already.

I found the program to be deceptive and, in fact, we (the "students") were flat out lied to in several occasions.  

People I talk to about real estate investment often give me blank stares after a few minutes.

I started out with blank index cards hahahaha!

This included bouncing docs back to seller 3x because they kept signing seller disclosures that were blank.

I am working closely with a real estate agent and I am drawing a blank of the most efficient way to find motivated sellers.