We returned her security deposit when we purchased the property last year so we shouldn't have any issues there.

And last but not least, connect with other investors especially those who are seasoned.

Thanks @James Wise Yes, @Kyle Jefferson we have a monthly BP meetup on the last Thurs of the month at the Brew Garden in Middleburg Hts at 6:30pm. 

And lastly, as I've seen on several threads and been told in person, everyone says that more often than not these turn out to be short sales, so I'm wondering if that is one of the primary strategies when approaching these distressed sellers. 

I will be explaining what these mean, and how they maximize your chances of landing a property in a future post.Sold StageThe last part of the bidding cycle is the sold stage.

I've been talking about furnished rentals with every REI that I've spoken with in the last few days. 

I recently moved last week to the Hollywood area and am currently staying in Ft.

Just attended an networking event last night!

Then again, if you are looking for something truly passive with a low entry point then you might want to read an article I wrote about a investment I have come to favor for buy and hold this last year.  

Write it up as a personal letter.When you do all that, then contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash.