This will sort out how efficient they are and how fast the title company is.

Some a little smaller and some larger.

I did not bite on the larger sales pitch which the lowest priced was about $20,000.

The problem faced is when the lender's lawyer seizes the property, they levy all sorts of fines and fees on the deal and the deal is sold at market value minus 5%....not much of a deal anymore.

It was some sort of racoon or possum or something.

Around here you could buy a lot of houses at those prices off the mls and agents would love you.I just looked at the last two we got a contract on, and all of them were bought at larger than 40% discounts from ARV.#1 ARV 229-239 bought it for 110,000#2 ARV 189,000 purchased for 99k.

This sort of hidden value or lack of is something I am still learning.

Can I sort keyword alerts?

We plan on buying for cash so there's no mortgage and no reason to rush and take risky tenants.Has anyone else out there done this sort of thing?

Would the seasoned real estate investor recommend a newbie to use this sort of arrangement to find investment properties?