There are a couple zip codes that are worthwhile, but not many.

Probably about 20% of the loans I do are coded "Fannie Only" or "Freddie Only" -- the rest are 100% conforming with both sets of guidelines, so we just sell to whoever offers the most money (which often times is neither Fannie or Freddie).

I have acquired 3 lists that I feel are great however I need some advice prior to mailing. 1st list is of 13,000 homes with code violations, the second list is 1000 properties that I have from driving for dollars, and the 3rd list is of 750 tax delinquent properties.

talk to them.Learn how to run the numbers, the education tab should have some info to help as well as the tools tab above which has some rental prperty evaluation tools.Are there any code violations or repairs that are required immediately?

Remember anything you touch has to be brought up to current code.

There will be a code for the zoning type it is in.  

However I like the 28216 zip code area.

3 choices...Live with it, hope you never get caught...make sure it’s up to code for liability issuesGet it permitted, if zoning allows.....will involve getting permits, inspecting, modifying, tearing out portions to rebuild to codeTear it down

And let the city mow your yard two or three times and they will issue a warrant for your arrest for excessive code violations, plust the fine.

Know what they do is take 10 zip codes in your area and find the deals that way.