Here are the key questions to think through before you get it going:1) what do you want to buy2) how much can we afford3) how will you pay for it 3) what are you going to do with it afterHere is how we tackled this challenge:1) Find a reputable and responsive agent to work with: we worked with @Sharon Tzib2) Get pre-qualified with a good and local lender that work with investors: we usedd Rochelle Frazeur from New American. 3) Use some good MLS criteria to set up lists with your agent3) Find out how to identify a good deal: We got our hands on some good cash flow analysis calculators (thanks to @Sharon Tzib) and we used the calculators on BP as well4) Make neighborhood visits to those areas of your interest5) Find other venues to meet up with other investors or go to workshops and meet up's: We've attended BP meet up in Houston, events with Jet Lending, meeting with Wholesalers, and we've met one-on-one with other investors6) Look for non-MLS sources to find properties for sale: wholesalers, and local listing through Rich club or word of the mouth7) Talk to the property manager if you are planning on using on.

Also, you could get part of the assignment fee as a non-refundable deposit.  

This is a non-negotiable.

However, the rule does not require implementation of the AML Program rules for non-profit organizations that: (1) limit their activities to assisting with the preparation of loan applications or referral of prospective borrowers to qualified lenders, for free or for a fee, (2) provide short-term, non-mortgage loans to qualified borrowers or homeowners, or otherwise “facilitate” the extension of a residential mortgage loan (but do not make the loan or offer or negotiate the terms of the loan).

Little Rock is very economically segregated city between well off and poor with not much between (few non-government, corporate employers and about 20% below poverty line).

I hope to understand more about investing in a non-disclosure state (making a good offer), dealing with renters, and potential pitfalls. 

Investors being the residents themselves theirfore (accredited; non accredited shareholders).

.- Holding deposit needs to be at least one month rent for you to hold the property for them, and it's non-refundable. - This is a tougher time of year to get a tenant.

If you wait then you will likely be stuck going for a non-optimal property or paying the taxes.I get people sometimes on exchanges with 8 to 10 days left to lock in and it definitely can get interesting to find them something.

My funds are non existent currently, which is my bane.