Matt Beam is who I work with there they should be able to assist. 

However, the property should still have a path towards the investment making sense on a monthly basis, even if it's not immediate

I've seen many posts that opportunities really vary depending on location, but I just don't know how you can find something that cash flows or even comes close given rates.

5) Consider meeting with a few agents in your area even if you are just getting started!

My questions are: Does offering $375k to break even but cash in on equity make sense?

Divide this number by .75 or .70 to reflect a down payment of 25% or 30% respectively, and compare that result to the asking price.All the above takes about 10 or 15 minutes max - even using just a calculator.

Even if I have a buyer, I still post it, and as buyers contact me about the property, i tell them that property not available, but I have a conversation with them about their Criteria.

Even in the smaller markets, a life cycle of a deal can stretch out 6 months before the exit and that can cost 30k once all is said and done.I like to tell people 50k is a nice starting point capital wise. 

I had no idea that was even a thing.

Even though if I knew for sure that it is worthless, I would stop subtaxing it and wouldn't bother paying a lawyer to foreclose on it.