Good luck with round 2.- JM 

My next wss a live in flip -bottom line is I was able to build cash fairly quickly and to go to dayton prices were low.

They should be relegated to the bottom of your list of priorities if you want to be successful.

I don’t want to flip them I just want to renovate them as much as possible by myself to save on the bottom line.

Then look for properties that are the bottom 20% of shape in those areas.

Bottom line is I've been listening to about an hour of podcast every day for the last 3 months but it looks like especially for REOs, I need more location specific info that can only come from a book or from local experts.

Welcome to the forum, Susan.I think we all need a group hug.We actually are pretty friendly here but we thought you were one of "those" people at first.Let's have a round for everybody :beer:.

Take care, Stuartstuart888 is absolutely right -- and if you do want to read up on this, go to our web site (realdata.com), click on the "Learn" tab and then click "read all of our real estate articles" Near the bottom of the list you'll find "Understanding Net Operating Income" and "How to Estimate Resale Value - Using "Cap" Rates."

The easiest thing to do is to get the home owner to give you their bottom line price.

Many may come out of the wood-works because of the new "rock-bottom prices".