Go talk to the building department and get your options from the horses mouth (I'm sure they would like to know the details).Then approach your investing future as a team builder.

Any tips on what to watch out for before, during and after the inspection?

You can search within so many miles of a city, etc.Also, this forum is where meetups are listed, you might want to monitor it and watch for any local meetups.

There are good properties out there but they might be simply overpriced and you have to watch them for the seller to get motivated over time.

Reading the above note, tells me that we need someone to keep watch on properties and we have included in our rental lease agreement the renter will allow us to do a walkthrough once every 3 months.

As to smartkey: http://www.activistpost.com/2013/08/researchers-reveal-that-millions-of.htmlhttp://m.youtube.com/watch?

I've been actively watching, I'm past my cooling off period and think I'm ready to invest!

(Sorry in advance for beating a dead horse) Additionally, I've seen a lot of threads, comments and discussions about how to bring up the fact you need to bring in end-buyers to take a look at the property.

I've been watching it since October when it was 129k.

I would watch the areas where the brick edge meets the grass; the grass has a way of growing past the edging like that in my region - I know you will have different grass varieties growing there so it may never become an issue for you.