Make that your mission until you have regular deal flow.So creative ideas for today could be driving neighborhoods for distressed properties, putting together a direct mailing, and and of the other dozens of marketing strategies!

I am in the process of acquiring a property w/ back taxes of $12,000 and unpaid utilities etc. as it was a investment from the previous owner, who I assume let it sit for a while which explains its current state, it is a distressed property, needs a full rehab and the proper attention could be lucrative for ones portfolio, as excited as i am to step into the realm of owning my 1st piece of real estate for little to nothing, i am kinda reluctant to follow thru finalizing the agreement in worry of hurting myself giving the situation.

Hard money lenders are typically for cash-strapped flippers who need cash now to pick up a distressed property.

Purchased distressed property that recently experienced significant damage from a fire.

I currently purchase distressed multi-family 2, 3 and 4 unit properties repair, rent, refinance and move on to the next.

The eastern half of the zip code is just plain distressed(ghetto).

IMHO, I believe the best route to connect with homeowners in distress is by supporting them in their time of need.

You might want to focus initially on 1) building up some capital, and/or 2) marketing to distressed sellers directly in order to implement these more non-traditional/creative financing solutions, and/or 3) why not get your own real estate license (or at least take the classes) to further your own knowledge, and perhaps open up a whole new income stream?

I have been told by my realtor that Dec is often a good time, especially for distressed properties b/c the banks would like to get that last bit of profit (or cull bad liabilities) before they close the books on the year. 

Looking for distress houses, and hoping to land a wholesale deal.