Definitely a positive for those newbies to RE.

Rent with positive cash flow or sell for a profit.

I appreciate what you're saying but I'm fairly confident that I can turn the property over or rent it out to keep it in a positive cash flow situation.

We could also buy a condo in Laughlin for less than $250,000 and might realize a positive cash flow.

I am attempting to do a short sale on a property that has negative equity.The question is... should I negotiate with the lenders to get an idea of what, or if, they would short their position BEFORE I sign any agreement withe the current owners OR do I need to sign a P&S with the current owners and make it contingent on a successful short with the lender??

Despite the heartache, are you in a good position in the long run?

I am interseted in preforeclosure as well as preconstruction and other areas of your market that create positive cash flow.

This 'Principal', leading position provides numerousopportunities and profit points8.

What other states are good to invest in four plexes where I could have a decent positive cashflow?

They were all thrilled that even 100% financing could yield positive cash flows here--since I have only invested here with positive cash flows I decided to see how investors investing for appreciation thought!