Here is my post describing that deal if you're interested: https://www.biggerpockets.com/forums/41/topics/345447-help-analyzing-my-first-foreclosureOnce the rehab has begun there and I have all my ducks in a row, I plan to begin some direct marketing around Clark Co. and Louisville to find motivated sellers.

You then apply the same ratio of debt financing to all allowable deductions to reduce the taxable amount.  

Some sellers will lie to buyers directly but most do not have the big brass ones to do it to the IRS.The estoppels are important also.

What's been your experience/results with Bandit Sign vs Direct Mail?

Hello Christine,I may be able to point you in the right direction.

Can anybody point me in the right direction. 

@Danielle Fattizzi thank you, just sent out 100 direct mail in my area 

E&O is often billed directly to the agent.

Hopefully after I've assigned a contract I'll have built enough of a relationship with the buyer that maybe they'll let me watch or observe what and how they do with the house after they buy it from me, maybe even act as a semi - quasi project manager so I could learn some skills to apply toward my own investing.

That is 25 people that directly get a paycheck from me.