I have seller with the following situation:$240,000 single family house$165,000 balance due on mortgage ($159k balance + $6k in past due pmts)$950/month (PITI) is the current mortgage payment @ 3.875%$1,400/month Market RentIf the seller listed the property, they would walk away with roughly $60k after commissions.

Over the last few months, I have started using MailChimp to do more targeted marketing. I am specifically, targeting possible investors to my fund.A few takeaways (I'm very new at this so they may seem basic):1. Add a...

I am not an expert in other areas of the market but Ohio lands on a lot of people's lists and coming from someone who is from Toledo ohio, I would never live anywhere else in the midwest because of affordability. 

Check out the other listings in your area for rentals at the same or nicer condition than yours and see what they are using.  

For example, is there a certain (judgement amount owed)/(ARV) % that you could use as a rule of thumb to decide whether to research a sheriff sale listing any further.

Two people in foreclosure, 200000 people in foreclosure, doesn't mean they are motivated to sell their house just because they are in foreclosure.The whole premise of lists , or classifying and labeling people/"motivated sellers", based on their situation, is completely wrong.If dealing with a foreclosure increases your chances of motivation, how come you need to send 1000 letters to the foreclosure list to get one deal?

I have had 2 realtors list the property but with no luck.  

I would make a list of lenders here on Biggerpockets and also google some lender options in Cincinnati and get on the phone.

Listing agent directly(with lawyer CCd) is the way to go.

All new LPs should at least run some of the ugly scenario numbers, based on the legalese in the OA/PPM etc. and see if the docs are really as risk aligned as they should be and/or are claimed to be.Most PPMs list a fee as a percentage and not with the dollar amount.