You need to determine where you draw the line and if you are pass that point, you will just have to back out!

For most investors, the 1% rule is a quick way to determine if a deal is worth looking into further, but not as a determining factor to buy or not. 

How to determine/set your goals as a borrower- if you have goals in place, a lender will have a clearer picture on defining terms and a strategy for you to scale your investing career.

Generally farmers are pretty smart on what their land is worth and the value it can provide. obviously giving you the easement disallows them from the ability to build a house on it down the road even for a family member or a farm worker.

@Rusty DukeThe two year clock starts when you live and own the property.You look back on the most recent 5 years to determine section 121 exclusion.If you move out of the property once the property is signed, you would no longer count those days.If you move out much earlier than when the property is signed, you use that date.

Once you understand lien position, in order to determine which liens are senior and which are junior for a particular property, you’d have to either do a DIY title search on the county recorder OR pay a title company to do so.

My question is to those of you who invest in some bad areas how do you go about your vetting/screening process to make sure (to the best of your abilities) that you get a tenet worth having that isn’t going to destroy your investment or cause you to constantly have to repair. 

You'll have the ability to learn a lot if you're able to hustle when you're young2) Take advantage of the free resources you have to learn, such as BP, local REIAs, talk to your college's real estate or business student chapters, etc3) If you have the opportunity, try to look at buying a property to use through college.

Sure, you can find skip traces out there that are 4 cents per record but you end up getting bad data or 9+ numbers that you have to sift through to determine if they're the right person or not; often times the phone number/contact will be information that was correct years ago.

The $123/SF is based on what the county will allow me to use to based my estimate to determine if I will be above or below the 30k, based on some data they have available.