Each transaction is unique.

Background: I have the opportunity to buy out a mortgage on a piece of property for roughly half of what it's currently worth. I know the owner personally and have explained he is leaving money on the table by going t...

The bulk of them are multi unit apartment buildings ranging from 800K to nearly 3 million in price, I also have a very interesting and unique opportunity to purchase some prim development ground.

I only have about $1,000 cash and am stretched to be able to save a large amount quickly.

frankly the KB example is really the issue with the American buyer.. so many just have no clue.. to blame the lender or seller because you did not pay our property tax's is a stretch..the tax collector would have sent the tax bill to you... unless the lender set up a separate escrow to pay them..

And can anyone give me some unique ways to use craigslist to market my out of town deals?

The comps are hard for this property due to the uniqueness of the situation.

Alternatively, if you're targeting tenants, the worst thing would be to have them want to come by the house and have it occupied by the guests.The strategies will inevitably compete with each other and stretch you to same returns for 3x work.

@John Dunham you are in a unique situation to have discovered the great world of Real Estate Investing in college!

This is just what might work for me in my unique situation.