hi there,i'm wanting to get into more of a long game scenario w buy&holds, but keep hearing that wholesales, flips, etc. are a great way to generate some quick (or quicker) profit that can then be used to help to fund the b&h strategy. i don't know the beginnings, however, of what to look for/watch out for in relation to that sort of strategy. this was just sent to me by zillow because it's in the area i've been looking: http://www.zillow.com/homes/for_sale/fsba,fsbo,for...it's a super solid area with incredibly high demand. this could end up being a buy & hold, actually, since it fits a lot of the things we've been looking for and is in the area we'd prefer no less.i guess my question is simply this: how do i best assess this in terms of it being an REO?

The Ultimate Beginner's Guide is now course that you can now watch.

new to the site after watching a very informative blog where the individual discussed the aspects he LEAST enjoyed about being a landlord.

Just watched this show with my wife last night.

I just don't want this under the fridge potential mold to hold the lease back from being completed.I am the handyman but I do have local friends who watch over the property and could stop in to take a look but, again, is that worth the favor or can I use this as an opportunity to educate/"train" the tenants???

I would suggest you to watch the webinars on bigger pockets.

I just finished watching it.

In Oregon for instance one city ban's nightly rentals  No Air BnB  you must have a permit to do this and they only give out a small hand full.This also illustrates clearly that when you buy rentals that are going to be section 8 your property is what it is and will never really go anywhere as for good bad or indifferent you are on the face lower the perception and reality of the area... so when you look at what's happened in the last 20 years were rental business has exploded into mom and pops you have whole sections of towns and cities that will go through and have gone through exactly what this article describes.The only time this reverses is if like this property its a big complex and the owners have the right to do this... or if its SFR in an area of a city that is regentrifing @Ben Leybovich  watching the move Thomas Crown Affair when I was on the stair master and the lead female ( Rene Russo) character was born and raised in Lima Ohio... how random is that.

Watch out for them.

lol....I finally asked my wife if she would watch one with me..lol