Thank you and welcome to BP also:) I will definately do that when get the details all figured out:) We are in a nice area, muskegon co, im looking a some perspective properties , 15k and under that dont need a major flip, and would be a great investment for an investor and we would do all of the work, and sell or possibly rent out but we could manage them also, we recently completed a rehab for Altisource rentals, and it was rented out within 30 days after we completed it , there is a big need here ,alot of vacant.

It screams "I am a newbie fresh out of a seminar."

(fresh paint coming soon)Seller is laying sod tomorrow!

As you are looking for deals if you have a buyers list you are using the criteria that was given to you buy your perspective buyer.

I am fresh out of the BP classroom on wholesaling I have a seller that I am communicating with and they asked me was Iooking at the house for a flip.

Jon,I appreciate your perspective.

my typical cleaning procedure includs steam carpet clean and professional cleaning of the interiors, fresh coat of paint and thought that should cover it all. 

Does someone mind offering insight to the value of a mortgage release, in the perspective of a lender as opposed to letting a house go to foreclosure or offering it up as a short sale.Here is a link to the description I read surrounding mortgage releases.http://knowyouroptions.com/avoid-foreclosure/optio...Also, to perspective buyers, can you attempt to buy a property from original owner even when the mortgage has been released or would you have to somehow contact the bank?

I still drive by the building and 7 years later, it still looks fresh. 

If a home currently worth $140k was worth $120k at the bottom of the recession I might consider that market to be a little safer from that perspective.