Of the two methods listed above I would say driving for dollars would have the highest ROI.

It's a coin toss.I'm sure that I would have to speak with a real estate attorney regardless.However, I would like to know if anyone has acquired property using this method and what your experiences were/ are in these types of deals...I'd love to know how to grab these before they rot away and fall down.Thank you so much for your feedback BP as always!

You can count on 6 to 8 months of extra time with the process and numerous stupid request.

The idea is not to use just one method; idea, trick to getting your properties; sometimes you have to be creative.  

I've never seen that in my borrowing nor in any of the numerous hard money email advertisings I receive.

We've been in business for 5 years and have purchased numerous properties throughout the DFW area.

I have not purchased a MFR yet but have run numbers on numerous MFR listings over the last couple years and in my humble opinion, returns on SFRs still greatly outperform MFRs in this area when vacancy, utilities, maint.

Is there really a method to the madness or is it just shop till you find the lowest possible price?

In the past, I have purchased numerous properties, but they have all been vacant.

From what I've heard you need to buy sight unseen and as is, so I'm curious if you just factored any surprises in the price or had some other method.