If you're looking for appreciation, there might be something there in O'Fallon, but I am not making appreciation bets - just looking for cash flow.Eric

He could have also attacked me or killed me, so looking back it wasn't the best idea.Any time illegal activity is involved it is best to post notices on the door and avoid confrontation.

I would love to know more about what you are looking for as I am actively looking in that market.

If the Prospective Buyers weren't interested in their house, maybe you can find them that suits their needs.There are alot of ideas for prospecting, especially on a budget, but you DO need to be willing to put in the time and work, be consistent, and focus on the right activities. 

@Carlos Casanueva- like @Andrew Johnson said, it basically comes down to if you want an active or passive role and fyi... you can go much bigger than 40-50 units my friend. 

Even though the property is very cheap, I dont foresee much appreciation and would bet on a high hassle factor. 

Honestly the best resource is getting connected face to face or over the phone with active investors in your area.

Property has been listed 140 days with very little activity. 

Ted, talk to @Michael Plaks, he is active member here on BP and also known tax expert in local community in Houston. 

I bet that will be beautiful!