What are the market rents for the property and do you have $15000 for the down and $8000 for all the closing/title/settlement/new impounds?

Here’s a 10-step process to get started with out-of-state real estate investing:Research and Select a Market:Identify markets with strong economic fundamentals, job growth, population growth, and potential for real estate appreciation.Consider factors like rental demand, vacancy rates, and local landlord-tenant laws.

Indiana has a good rental market! 

We also have 100’s of markets with their own MLS rules as well.

We have found that finding an investor-savvy agent to buy property on market and a solid wholesaler to buy off market properties is the perfect marriage to find deals. 

Springfield MA is a great market for rentals!

Broadly speaking, I would say network with developers in your market that are doing what you want to do.

The "half assed rent collectors" you alluded to - while I don't advocate for that approach, and it's not what we do - have figured out that there is a market for exactly what they are doing.The real question is, is there a market for what you're proposing?  

Or is a matter of how desperate the seller is to sell the property .... maybe it has been on the market for more than 60 days, or maybe it had a Contract fall through , and they are just ready to get it sold ?

The reason I want foreclosure is for the equity, since they could be under market value.