Be patient, save cash and be ready when these deals start popping up.

Good morning BP, A question that popped into my mind while reading through some forums would be; How do you determine which markets to pursue?

Another thing that pops into mind is the sales price. 

And right before the finish line, Chase popped up and demanded an extra $5,500 to release their lien.Luckily, my buyers were not selling their home. 

Now, considering the size off the properties you are going after,you will not find mom and pop owners.

Last time this happened, a bubble popped nationwide.  

Keep networking and analyzing maybe something will pop up.

Western Union popped up. 

@Min LiangIn addition to what @Michael Plaks said, it should be noted that the $25k "Mom & Pop" passive activity loss allowance is only available for rental real estate activities with 'active participation'.As long as you actively participate in the rental activity and your AGI is within thresholds, most long-term rentals will be eligible.AirBnBs, VRBOs, etc with an 'average period of customer use' of 7 days or less are deemed to not be rental activities for passive activity loss treatment. 

Anyone that tells you its easy is a con artist, or just know you are the out of state sucker, that thinks its easy.