This information has been backed by several asset companies and listing managers in the regional & local REO industry, and since I was a sales manager for Hud's preferred real estate listing broker for 3 years in Atlanta, I've also closed hundreds of Hud deals on the corporate side of the disposition business and I've put almost every acceptance that flowed through that company to this template test.

Amres appears to be highly rated, but their info did not come up while looking for a lender through Bigger Pockets. 

We try to break that down as much as possible through density and mostly urban infill.

We found the 45th St deal through our partner, Mark Millett, who identified the opportunity and brought it directly to us.

I am looking at $200-220K properties (20% down, 80% mortgage) and just about break even or have upto $50 cash flow.

By the time basement had 2-4 inch water and started flowing on carpets.

Also, setting up proper banking and other procedures is important if you choose an LLC option (avoiding things that will help an appossing attorney break through the LLC)

Àsk your friend why they are not cash flowing.

We found the 43rd St deal through our partner, Preston Moore, who identified the opportunity and brought it directly to us.

Your story/experience sounds similar to what we are going through right now.