I am currently in research mode - listening to podcasts, reading forum and other info on this site, etc. 

Atlanta-Sandy Springs-Marietta, Ga.Average home price: $234,2493-year population growth: 4.9%2-year job growth: 5.1%1-year home price growth: 8%3-year price growth forecast: 24%Homes are undervalued by 7% compared to the historic ratio of price and local income.Source:https://www.forbes.com/sites/samanthasharf/2018/02...

I stumbled upon this site from the research I've been doing on real estate.

I told everyone who would listen what I was looking for in person over the phone through email and on social networking sites.

Unless you can get something *in writing* from prev owner preferably with pictures and notations with dates you will lose.

I know any seller profits from a sale can be taken to satisfy a judgement, but this person would be losing the house to foreclosure and thus there is no money to take.  

I'm thinking about putting the money somewhere 'safe'(maybe something like us treasury money market fund) that would give me enough returns to match inflation, so that i could then invest that when there is a downturn/correction/recession, without losing any of my buying power.

Definitely utilize everything the site has to offer (forums, blogs, podcasts, webinars, etc.).

So in researching rehabs I found this site, which claims to give ranges for various work and jobs by zip code.

This also has the added benefit of placing the liability on the PM LLC which doesnt have assets so there is nothing to collect if you were to lose a case.