Now as for the deed, usually tax deeds are fine until you want to sell, then you either need to clean title or sell to a cash investor at a bit of a discount. 

The biggest part of getting started for me was learning how to fill my pipeline with leads so that I could find people willing to sell their houses at a discount.

I'm sure the bank won't take a short sale with that deep of a discount.

Thanks for sharing your experience with the software and the discount download price!  

THIS IS ONLY A RULE OF THUMB you should dig deep into your numbers on a 4 family you may be responsible for all utilities which can put you well over the 50% rule. 

Do you think you can get a discount on the $139,000?

Jonathan Gregori don't know where I got $160K; sorry about that.It appears your not getting any discount versus FMV with your purchase.

If the property owner and property management company, after becoming aware of the concerns of neighbors, take no action or ineffective action, then I will evaluate whether to make an offer to buy the property (at a discount) or what I can do to shield my tenants better or what code violations need to be reported to the city/county.

I find homes all the time that need minimal work and are too much to get at a deep discount because the owners know that it's worth more but not in the condition that real estate agents are used to, to show and sell.So I wanted to know if there were any lease option investors in the area.Sandwich lease options are a great way to invest because you can cash flow and have the potential to make a nice profit when the tenant-buyer buys.

These A type assets seem to appreciate much faster than my B and C type assets and it is not uncommon to see multiple applications arrive at your email within the 1st week of listing the home for rent.For my buy and hold I like to buy A type assets from motivated sellers at a 10-20% discount less than 10 years old.For fix and flip, my criteria is look for homes built in the 1990s in the A type neighborhood where I know homes in the neighborhood will turn quickly.James  Originally posted by @Jamie Montpellier:Dear BP members,Here's the thing, we constantly hear about buying value right from the get-go and so I wish to know if buying turnkey properties in A neighbourhoods is a no-no because the value is already priced in...Or should we be bargain hunting and looking for :B type property in A type neighbourhoodC type property in B type neighbourhoodWhat do you think?