. $20 for business cards from Vistaprint then I taught them a simple script to use with their friends and workmates along the lines of: "I'm looking for houses to buy, if you know anybody wanting to sell please give them this card or get their number and let me contact them.

Was it just a simple Google search?

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

The house Is only only valued at $160-$205 (range from various sites)Zillow estimates Foreclosure Estimate: $82,006.I did my research, found out all the parties involved.

Think about it this way- two IDENTICAL homes are for sale, with the only difference being that one was the site of a brutal murder suicide.

I am just starting out on my Real Estate journey...a little later than many on this site. 

Site is here - http://www.bacchusrealtygroup.com/ - and I know Angelina pretty well if you'd like an introduction.

excellent, I figured it was pretty simple like that...your thoughts on distributed the quarterly payouts from the investment entity?

Search the site it is full of ways to make deals happen. a quick listPre ForeclosureForclosure auctionsREOtax saleMLSFSBOWholesalersdirect mailProbate/estatesvacant housesA lot of my deals are bought and sold at auctions. 

Christian Welcome to the site Christian.