This makes it hard to do a search for properties actually in Alabama, for those of us who concentrate in that area.

I feel that using Search Marketing ie..Google Adwords get you far better, cheaper, great ROI , demographic and geo targeted leads anyday than sending postcards any day.

Do yourself a favor and do a search here on cash flows and formula's used to find out if it is a good deal or not.

The more quality content you provide, the more likely the search engines will rank your articles.

I have done so many title searches for Countrywide that were forclosures that I began to think they were in the business to forclose on properties.

At the very least a state then we could narrow your search down to a city or region within that state.

You will be losing a ton each month.Rent: $4070/monthExpenses: $2035/month (50% rule, search and read)NOI: $2035/monthPayment: $3602/month ($570K, 6.5%, 30 year)Cash flow: -$1568Even putting in $100K and ignoring closing costs, you're still in the hole $935/month.

Might have a title company do a search and see if they can tell what's going on.

Ive been searching the internet for a good company.

There are very few stated income loans left if that is what you are searching for.