There're two periods where the home price went down, first in 2008-2009 but that's due too many "distressed sale", currently we have no distressed as sale as mortgage is being underwritten properly.

Aloha George, we work with a lot of elderly homeowners who are in reverse mortgages or in distressed situations. 

Whether it's off-market properties, distressed assets, or value-add opportunities, I'm open to exploring various options.Thank you all for welcoming me into this community, and I look forward to engaging with you and learning from your experiences.

if a property is distressed, you generally wouldn't buy it with either a conventional loan or a DSCR loan.

I have found a reliable person who I will be working with in securing distressed real estate.

Unfortunately, there is no right answer.....It depends on the specific property, it's condition and what you're planning to do with it.For example, on a distressed property that you're going to flip, if it's listed for $250k, I have offered $150kOn a prospective primary residence that is a custom home, if you offer $650k on a $750k list price, the seller will probably just reject your offer and not even counter.

I deal in distressed properties though. 

I also knock on doors next to distressed properties to determine who owns them and if a deal is possible.

Should I be contacting expired listings on the MLS, foreclosed listings, distressed sellers etc … Also does anyone have recommendations on how to build relationships with banks, credit unions, investor-friendly title companies, contractors, appraisers etc?

Over the next few years continue to buy a few more properties to build up the monthly cash flow then use the increased income to buy our acreage property.IMO, the only place you can immediately cash flow in KC is by buying a distressed property in a C market and putting money in to fix it up.