Don,Further I will say that investors only equate cash flow to rental income and they are unaware of cash flow through notes and other debt obligations. now granted owning the asset also gives you tax bene's that notes do not.

We have ask for a mutual release and return of our $2,000 earnest money due to the fact we no longer feel it is a safe area because of the break in and there have been a few other red flags along the way.   

Which leads to the funding...I've used hard money for flips but this is too rural for their underwriting guidelines.

So it is a FACT that people on your foreclosure, absentee owner, job loss, tax liens etc. etc. list are NOT motivated.So here is what is going on.Everyone makes the wrong assumption that foreclosures imply motivation and that now becomes a fact to them.OK now, pay close attention.

It takes money to invest, so spend this time working hard and saving like a mad man while living off your parents for free.Educate.

Depending on the location STR is going to make the most money because condo rentals are an attractive option due to the amenities.

You're smart to focus on properties that appreciate because that is where the real money is in real estate IME. 

If you ever have any questions about a hard money loan - i'd be happy to assist! 

You can make money that way.  

True, the banks DO have trillions of dollars lying around but they aren't lending it because they can make risk free money by buying treasuries from the Fed at lower interest rates.