Do not approach your traditional Realtor who's selling nice big family homes in the suburbs with white picket fences and what not.

What is the best strategy for approaching someone who doesn't have thier property listed?

If she didn't meet my criteria I would deny her, so that is the right move.If you are looking at your criteria for the future, here's how I approach this:- If there is child support, is it documentable (with bank statements, etc) to count toward income?

Each accountant has their own approach and recommendations as far as receipts.Other documents are usually scanned.

JD Guther, I appropriate the reminder and noted intricacies and multi-flavored approaches that there will be.

The deal was brought to me with the opportunity of being a private money lender on from an investment group out of Nashville.

A few years back they brought me to a beerfest (perhaps at a civic center?).

She wrote the check for 104k total, I brought the deal by always staying on top of the auctions, I handled the eviction process of the non-paying previous tenants, coordinated and managed the rehab, and will manage the rental for a 50/50 split of all cash flow and any equity earned beyond her 104k investment.

In your opinion, which are the "steps to follow" when approaching an unknown investor to offer a deal?

@Thomas Cottrell, if I'm doing a distance deal it's always with a short term approach, say a cooperative assignment.