When I was a kid, I woke up early to watch This Old House and I skipped the cartoons.

We were watching a property on MLS it went from $29900 to 19900 I called the realtor to find out more -- it was an REO.

Within 24 hours they had created a profile on the car owner, including where he worked, where he lived, how many children he had, and his personal interests.Last night, the "60 Minutes" television show exposed how much personal information about us is being mined by companies who watch our use of the internet.

I sit here in Oregon and watch my GC do his magic  I control all the dollars..

I knew from watching Craigslist, MLS, and Zillow that properties in the area rented quickly.

In watching the foreclosure proceedings here (which are educational/entertaining/addicting) the biggest reason for a foreclosure getting kicked, and having to start over, is if they actually have a trial, and the "witness" for the plaintiff, which should be a rep of the servicer, doesn't have all the proper paper work, and more importantly can not speak to the "accuracy" of the payment history print out and explain their "industry standard business practices, controls and procedures".

Build that relationship over time through yellow letters and watch the response rate.

Any other things I should watch out for with the mold?

Watch active rents, days on market and inventory levels, info in MLS is usually limited as noted above, and I have found more often than not that smaller owners are getting lower rents from family or long term tenants, getting it vacant, do whatever renovations if needed, get your own tenants at a higher rent and don't take someone else's headaches...just my opinion. 

Cory,  I too was thinking of doing a jump start with Fortune but after watching a webinary of BP.