Needless to say that they got foreclosured in couple years as well.Do your due diligence to the best your abilities.

Here's a couple companies you can use to do this: Rent Recovery Service or AOA Debt Reporting Service.Good luck and hope it works out for you.

My experience has been that the average US investor would rather pay 20 or 30 grand more for a property that is 100% perfect in every way than pay less and maybe have 2 or 3 grand in maintenance over the next couple of years.

Drywall cracks would need filling every couple of years.

I have a couple of properties, substantial savings but property #3 has eluded me for 2 years now. 

I live in the Central Ohio area and have a couple of B&H properties already.  

It was coincidence that when I did this I went away for a couple weeks, but when I came back, no bed bugs.

I have a couple potential properties that I could make offers. 

First of all, you need a good credit - it helps with everything.Student debt needs to be paid down for the financing.I wouldn't hold my breath about owner financing: in this market everyone can sell at its highest and best unless they are trying to rip you off: pricing it too high or financing it with outrageous interest on the note....especially be afraid these "no credit required" "deals" - they plan on you failing to refinance later.If you don't know where to start - read about wholeselling - at least you'll learn couple things about marketing.When market will go down - then it will be good time to find a decent seller financing.Buying right now will make you regret later, when the same house you'd bought twice cheaper.Good luck!

 A couple of issues.....No one knows where you are, all cities/counties are different.Your zoning may not allow for a second unit, which this would be.Owner issued permits are usually only for owner occupants, not for rental units.First step, go down to your local zoning/building dept and see if this would be allowed.