They were a real PITA but the Dept of Health was very understanding.

The APY rate they charge is about 8.9% (which i understand is similar to private money rates ±). 

I understand that it's also possible to sell directly to a buyer who doesn't mind that the property might have unclear title; you just have to disclose all.Please keep us informed about how it goes for you!

(I understand that some investors don't prefer condos due to the HOA.  

Yes, I understand the deductions are not 1-1 but that would still be huge considering how much I pay towards the rent.

I've saved enough for either my first house, or my first real estate investment -- and am coming to understand that it may need to be one in the same.

 @Gino Barbaro Thank you for your reply and I totally understand the motivated seller logic.I just wonder other than good brokers,any other good ways to identify motivated sellers?

We are looking for recommedations for agent/broker/realtor in the Fairfield County Connecticut area.Wanting to build a relationship with someone who understands REI.  

Direct mail to absentee owners may be a great idea, you just need to understand it is not magic, and will take a min of 6 touches to your list to possibly close a deal.

Do understand windows have the longest financial payback.