., the market where the property is located. 

It seems somehow or other they were affiliated with HSBC but I tried to call them and they weren't helpful.2) Is there any legal process, in the situation where a lien holder cannot be contacted or located, where you can give ample and public notice for lien holder to come forward and claim possession, otherwise lien will be forgiven?

REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.

What we got for our 3 day coaching expense was, our coach helped us find a realtor that could locate discounted properties for us, we toured a couple houses, and put in an offer.

I was wondering if I did deals outside the State would I need to find another title company within that another state or can you not use your title company in your own state for all other locations.

The parcels are located in Franklin Park and border Olde Town East, so it's a VERY hot location. 

.- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.

@Shawn MummWhere are you located?

Located blocks from college.

(I can't buy where I currently live because it is insanely expensive).I see several houses for sale in this price range, and all of them look to be big-time fixer-uppers, which is totally fine, but I'm not sure how to analyze the area around the house, the other houses near it, the location, and determine if it would perform well.