This is a very vague question and can not be answered properly without knowing what area, what type of investment, what kind of risk factors, etc.For instance, a great cap rate for apartments in CA would be 6%, but would be terrible in Texas, Ohio, Illiniois, etc.

Expanding foam under for support.

Many people have out of state nightmares, and you don't want your first property to sour you on the business.Depending where you live in Utah, it is a great market and if you do some proper marketing (bandit signs, direct mail) you can find all of the investments you could ever want.

If there's one agent involved, the SS lender will approve 2.5 (in most cases).I really believe that if the REA does short sales properly, it shouldn't take more than an hour's worth of the agent's time.

Ah the ole Fannie/Freddie limits, oddly enough I was at a meeting today where we discussed the proper way to invest to avoid that challenge.

I would also like to include that to get my 8 non-foreclosure comps, the radius was expanded from .5 miles to 1.25 miles and required going back 4 months of recent sales instead of 2.

My question is this, How can I do a short sale with a QC deed and not having the proper info of the original owner?

Alex,Leverage is great when it is used properly.

The problem is, aside from knowing that a lot of money can be earned if done properly, I pretty much am ignorant in this field.

Moral of this story is to make sure you have proper and adequate (if not excess) insurance coverage, particularly when you have multiple properties (multiple possibilities of litigation).