I might not be the easiest thing to figure out as he is renting the house and might not have his name listed in as many public records.

There's nothing like passive income. 90% of households across the country need additional income and I can't see any better way to securing those funds than being a real estate investor.If you just want to make some extra cash for whatever reason, this is it.

I haven't really looked at what's available in my area yet, because I feel I need to secure some financing before I start looking.

Its a security measure to protect their investment.

But it clearly wouldn't work for us smaller fish (I'm at 23 and I am definitely smaller fish to them).ESCROW ACCOUNTSThey want all the rent for the houses to go into an account that they have access to and they want security deposits in a separate account and they want reserves and capital expenses to go into yet another separate account.Add in another 5% just to manage all the separate accounts they're asking for.

I do try to actually talk to the owner and try to verify in public records that ownership matches up.

One thing I am concerned about is my ability to secure financing.

Or am I just wasting my time with this niche since these lists of vacant properties with code violations is all public information and higher level investors have already gotten their hands on these lists and marketed to the owners the minute they become available.

Securing those local bank relationships was a major victory.Based on that previous experience I tried something different this time around.

Essentially it's a coercion involving threats to reveal substantial information about a person to the public" Okay, so there's no blackmail here.