On a subject to or L/O, I do the work and get paid multiple times; including what the seller may give me, what the tenant buyer may give me, my backend profits and the tax advantages (on a subject to).

It is probably something that will need to be tested and recorded multiple times before it gets the conversion rates you might want.

Sean,I have also gone directly to some of the banks websites where they list their current REO holdings, search for the area of interest, and then identify the agents that come up on multiple properties.

You're going to go over at some point and that costs multiple hundreds of dollars while the cheapest plan I've seen that makes the least bit of sense for business is about 60-70 bucks a month after taxes.

Zip code alone is not a sufficient criteria as multiple mini markets exist within the same zip code.

Do you have hard money lenders and commercial lenders that would let me do multiple of these deals?

We have done this multiple times.

It depends on whether I use a GC for the project or sub the project out directly to multiple contractors, but I always start with a Scope of Work document.

@Charles Whitaker Here is a quick checklist:- Have multiple EIN - should have separate QBO subscription for each and file for desktop Pro, Premier, Enterprise- You should use QBO Plus or QuickBooks Premier or EnterpriseCall us we can get you started with what every you need. - Gita

RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .