@Anthony ThomasDo you want to be an active investor, finding and working out deals or a passive investor, having others use your money to acquire and work and the deals?

It could also just be a listing that hasn't been updated yet, so isn't really active. 

I am currently in the process of closing out my small investment portfolio in CO and looking to start actively down in your area come January.

You are correct but I have a step by step plan that I am actively following every day.

Along with going to these meet ups and shaking hands and networking you need to join real estate groups on Facebook and stay active om there as well.

We actually had three or four other scripted elements that never made the final cut.The crazy thing is that none of this was the original script. 

The most successful preforeclosure investors I've met largely focus on being there at the end, when the owner has exhausted all their options and is truly about to lose their home. when I was active in buying this asset class it ALWAYS happened within 24 to 48 hours of the sale.. its at that time that the owners realize its do or die.. 

If you used the HELOC to pay for your rental business activities, the interest would still be deductible on IRS Form Schedule E.

We're looking to network with other investors and become more active within the BP community.

Note though can only have 1 FHA loan active at once as was discussed earlier in this thread.