One morning told my wife I want to start looking for multi unit properties and pulled up multilistring on the web, after a few minutes saw the property, saw the potential, did some light due diligence, called my realtor, walked it a day later, pulled up tax records, noticed owner behind on payments and it was distressed just enough to make it tough for him but perfect for me & rents were below market rate stress due to lack of improvements...bam!

There will always be distressed properties with value to add, no matter what kind of economy!

the question is would it be monetarily worth it.. no question it would save some landlords some major distress.. 

Just started out here, looking find more information about distressed properties, and  agents that specialize in working with the homeowners to sell them

Hello All,I am a new investor and I am interested in purchasing off market distressed properties in the Chicago Suburbs and was wondering if anyone know of any wholesalers or realtor who can help.Preferred areas are Bartlett, Hoffman Estates, Schaumburg, Aurora, Naperville, Bolingbrook, etc.Thank you,

It will take time especially if you are going to take the old fashioned way of buying a list of distressed homes from your local court house or driving around looking for possible vacant homes.I actually bought A Simple Man's Guide to Real Estate Investing by Bill Vaughn, it is about $100 and provides free email coaching.

I'm having a hard time as a civil engineer, thinking of heat related distresses that affect a foundation in a SFR or even a larger site. 

The difference between an exchange and bank direct or working with a distressed debt fund to acquire notes is the quality along with the discount achieved.  

Great opportunity for distressed property investors looking for rental income in one of the best real estate markets.

@Ben Miculob, I don't use them on my flips because I target very distressed properties I'll be tearing them apart anyway so no point.