It's about the average of the $/sqft of the houses on the market for rent.Should I try more websites?

Lisha- Great article on biggerpockets by Danny Johnson The Absolute Best Way To Reduce Your Risk When Flipping Housesby Danny Johnson on May 15, 2013You can find it on this website.

Since I travel quite a bit for work, I'm looking to network with folks in the areas where I regularly visit: Philadelphia, NJ, NYC, and Miami.

I would like to visit Massachusetts someday.

To build a buyers list to wholesale visit 3 different REIA clubs gather the cash buyers.Paul

Check out meetup.com bunch of reias on there to visit and I'm sure you can find someone to help out.

----------------------------------------------------------------------Property type - 2 duplexesFannie Mae REOPurchase price $369,000 (includes $40k renovation)Financing - FHA 203(k)Down payment - $8559Out of pocket renovation - $20,000Rebate - $1500Final out of pocket - $27059Here's the monthly cash flow -Duplex 1PITI - $1467.50Unit A rent - $1100 (below market - this is a family member)Unit B rent - $125015% vacancy/maintenance reserve - $352.50Net income - $530Duplex 2PITI - $1467.50Unit C - owner occupiedUnit D - 20% personal use, 80% vacation rental - $1500 (average)15% vacancy/maintenance reserve - $225Additional VR expense - $450Monthly loss - $642 <--- Not quite living for free, but not bad...and my in-laws have their own apartment when they visit!

On the fifth I check my accounts online website to find who has paid and who's late.

These are the people that can be worked/groomed into giving you some very good deals.Start making a list of addresses and visit your county courthouse to look up ownership (public knowledge).

Erik, I live In Columbia SC but visit DFW quite often.