Jennifer, I would recommend that you study up on everything to do with pre-foreclosures on this site, and also marketing for motivated sellers.

Anyone who ventures into flipping MUST have INTENSIVE study behind them, INTENSIVE.

I also wanted to put in a plug for Phil's newly-revised model you can find on the following thread:Apartment Complex ModelI would love to get your feedback on the latest model incarnation after you study some Robert.

I've been lurking/studying for awhile now and am looking forward to getting started.

At the time of writing, the ratio was 1 in 7 adults receive some sort of economic subsidies (if Im remembering that ratio correctly.Well it looks like according to recent studies its now right around 48%.

Since you are in the Pittsburgh area, there is a real estate attorney named Brad Dornish in that area who has a home-study course on "quick selling" property geared toward those in PA (among other courses he offers); cost about $100 so it's about as affordable as you can get.

Paving costs big-time.Condos should have a reserve study.

Study what they are doing and model them.

I did recently read a study that stated that short sales in some parts of the country (Phoenix was one of the top markets for discounts) were as high as 43%, however, I can assure you that the figures did not take into account the rehab costs.

PS: I'd love to know your Experience in RE Study too!