The more you do, the more you learn, the better your chances are of being successful! 

I'm not very familiar with HomePath, and I haven't had the chance to check this property out in person... but similar duplexes in this area can go for much more than what this property is listed for.Here are the numbers:Listed price: $105,800ARV: I have no idea... but if the right repairs are done to it, it could easily be $175-200 in valueEstimated repair costs: Knowing it's foreclosed, and listed as "requires extensive repairs," I am putting them at $50,000.  

If you market it right, price it right and have good product, you still have a good chance at selling it no matter what time of year it is. 

Now the chances of your blog getting seen is extremely difficult.

If you can prove it undeniably, you stand a good chance of holding up on the exchange tax savings.

Obviously someone in town could still be interested in unloading their property, but you probably have a higher percentage chance if the owner is out of state.

Thanks for your response.No, I am not looking for bids to just make an offer and pass the deal along where the bidders have little to no chance of ever getting the job. 

This is a great place to get started, get advice and really learn from people who do this for a living.Check out the BP podcasts when you get a chance.  

But you are making a gamble on neighborhoods if you want any chance of cash flow. 

For example, investors can check the Bureau of Labor Statistics website to see whether the local unemployment rate is decreasing, which could suggest a smaller chance of renters falling behind on their payments.In addition, the National Association of Realtors' website provides quarterly updates on median home-sale prices in many metro areas.