I've found that buy and hold is ideal; especially if you can wait for the next buyer's market or market scare.

@Danny Lee I would agree with @David Stumpf, if you can invest locally at first, that is ideal.

I am looking to finance $9,950. streetsmart properties is the wholesaler I deal with.

People often send me pictures via fax, it's not ideal because grainy black and white pictures don't say much.

The next one was 245 Ideal St they where selling for $47,900.00, listed on the MLS for $26,900.00 , $21,000.00 markup another sweet deal for them ended up selling for $23,000.00 and was vacant not making the $925.00 a month as stated.Next 188 Hutchinson Ave. they have listed at $44,900.00 with income of $950.00 a month.

Hi --My name is Renata and I've been thrust into the REI world by putting our home up for sale and being told it is an ideal REI property.

My ideal set up is a bunch of people (less than 10) put cash into a pool that our mini REIT would tap to buy properties, probably REO's that we would flip.

Ideally, a lot of equity can be created.

The property should be able to be sold short with an agreement from the bank regarding their future collections actions (ideally, with an agreement stating that all debts are forgiven).This is not a rare occurrence.

This needs to be maintained as an orderly battle of ideals.