So trust me, its just the name of the game.

As I started to dig into some research I noticed that in fairly affluent areas here in California and in select states that I’m looking (Florida and Arizona) are showing a significant amount of pre-foreclosure homes.

If you earn $50-$100k with the ability to select the neighborhood you live in, you probably are looking for a safe, well maintained, nice looking, updated, affordable home, in a neighborhood of similar properties, in a good school district, with easy access to shopping and parks and your work.   

Also, ensure that the flipper will still have skin in the game.

Yes but there is no easy road to success.This game is a marathon and if you remember that you won't get discouraged with the ups and downs,,steady as she goes and you will get to your goal.

It is not a home run deal, but it did get us in the game.

As I started to dig into some research I noticed that in fairly affluent areas here in California and in select states that I’m looking (Florida and Arizona) are showing a significant amount of pre-foreclosure homes.

For me it’s always a numbers game.

What's "Perfect Game"? 

Even if you aren’t using your own money, you want to have at least 6 months of reserves.Realize that real estate is a long game.