Zoning in on a specific area right now and it looks like North End or Black Rock will be it as West End is too dangerous for my liking. 

But if they sell to me its clean and easy and done.. but I am buying for profit or loss.. always used that terminology.So your hoarders and others semi weird folks who just did not want to deal with the public or distressed ( prior to the anti equity stripping laws that came into Oregon and Washington I am sure your aware of the dangers of those if you violate them) came into effect.if your honest with folks they will either let you buy it or list it..

He has no financial expertise and won’t disclose his supposed real estate or other investment success.Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.I'd say the chances are pretty slim.... 

Once you know enough to be dangerous get out there and buy something!  

Unless they have kids that are eating the paint chips, it's not going to be dangerous to use. 

You could have one street that is great, but a very dangerous neighborhood just a few blocks away. 

Alexandra,1) No LLC for us as it would have put us in danger of the DOS clause to a level we weren't comfortable with.  

They would want to deed the house over to you and keep the mortgage in their name for two reasons: 1) they can't make payments anymore (they are defaulted, going into foreclosure, or some type of financial hardship) and are in danger of losing their home, and you would be offering to take over payments right away, so they NEED the relief/help that you are offering; 2) you will be saving their credit. 

That would be money well spent If a tenant has a possible dangerous situation and notifies you you should do steps to fix   the problem .

All I truly want out of life is to say i reached my goals without ever giving up. money means nothing without substance. im currently working at a welder and would like tips and guidance on how to manage my money do i can become an amazing investor.