Here's the email I got saying I was approved:When I logged in, the portal had changed to enable signing the closing documents..

Finding properties where you can add the largest value (either due to distress or ability to reposition) will enable you to more quickly turn your money.As for mindset, it really all depends on you and the strategy you want to employ and the level of risk that you are most comfortable with.

The only things that have passed to date are 1) Registration and inspection for nuisance properties2) Creation of a landlord database (how to do so is still TBD)3) Landlord contact info on file 4) Cap on Late Fees charged (pretty innocuous because the courts pretty much mandate this already)5) Requirement to offer security deposit alternative for qualifying properties (Also pretty worthless as discussed above in more detail)

@Travis Kemper you can get a free list from tax databases in your area.

Starting with conventional purchases on the mls enabled us to test and build our team before we put them through the stress of short notice viewings, bidding at auction, and major renovations on a time frame.

My son had an employer make an ssn error and they actually took 2 years to fix so we assume on some databases he will come up for those years to have a history under his name and wrong ssn.

Is there a way BP can create a database of the rules for each state? 

Also, ensure you contract has an out clause which will enable you to get out of the transaction if you cannot find a buyer (something about dependent on agreement with your partner).That's my two cents.

My real estate income has enabled that.

We use Google Drive for all of our document management to ensure they are available on the go and to enable easy sharing between team members.