The credit and background check is pretty cheap through there I think and we were planning on having the tenant pay rent through their website (the tenant we put in wants to just mail checks so that was fine for us).

I'm new to the rental side of things (I'm a slow learner), so I don't really have a good reference point to see if my thought on price point is $100-200 high or low.

Furthermore, it's easy to see the sale record of a property or deed transfer on the county web site, so anyone can find the true owner of the property.  

Glad you joined the best real estate investing website in the world!

They said the bank Carrington isn't calling it sub prime and they referred to it as "nonprime" (OK whatever).

On the website in the tool section there is a calculator you can use to help with that. 

There were about 200 people there but Louisville usually has 50 to 80 houses in forclosures every 2 weeks you can get on the website www.jeffcomm.com for the dates, they do an appraisal usually a week before the auction and there is also a handbill that shows what is owed to the lender.I usually mark the ones im interested in, and yes I work it on a budget, then I go and view the properties and make my own assessments then i run the numbers and sometimes you can get a good deal. 

I’m a real estate broker on the north side of 14 years and refer all my people to Ofenloch Mechanical.

Jennifer Ward I would get some references from people who have worked with him in the past.

Here's the website: http://www.steltznerlaw.com