Write it up as a personal letter.When you do all that, then contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash.

We spent time there last year, and I was amazed at how much construction had taken place - seemed almost ubiquitous.

I buy for location, and there are a few things that usually make me walk away - late last year I looked at something I was considering buying but there appeared to be a massive sinkhole developing at the driveway that was taking the slab with it - and usually those things are serious foundation problems, unsolvable/difficult to solve water issues, failing roof support system, no siding or severely damaged siding.

I just helped a couple get a fixer upper in Hiawatha and a bank owned property on the NE side in the last few weeks. 

So, over the last 2 years here is what played out – all due to BP:Year 1Wholesaled a property which I had never done (I know – mixed reviews on this approach)Flipped 3 homes with private lenders found on BPPurchased 12 rental units with a BP partnerYear 2Flipped 3 homes – 2 with a lender from BPSpearheaded the purchase and rehab of a 22 unit condo conversion project of a former school with BP members and othersQUIT MY JOB!!!

@Mark Alex You can find a lot of information about tax sales/trustee auctions on the County Website: Sacramento County public auction tax sales are held the last Monday in February each year, with a follow-up sale in May or June.

I knew it had potential and for the last 3 months, we've renovated it from the bottom to the top.

As somebody who lived in SW FL the last 2 years, I can say that there are definitely areas where rentals make sense and plenty where they do not.  

I am in the process of looking at crowdfunding for the development side and they want to come in last and we are having to partner with a group that has a long time history in hotels and development so they can be comfortable.If this is your first it may be tough, not impossible but tough.  

I was pretty close on my last one.