Springfield MA is a great market for rentals!

Broadly speaking, I would say network with developers in your market that are doing what you want to do.

The "half assed rent collectors" you alluded to - while I don't advocate for that approach, and it's not what we do - have figured out that there is a market for exactly what they are doing.The real question is, is there a market for what you're proposing?  

Or is a matter of how desperate the seller is to sell the property .... maybe it has been on the market for more than 60 days, or maybe it had a Contract fall through , and they are just ready to get it sold ?

The reason I want foreclosure is for the equity, since they could be under market value.

However, with 25 years of experience in RE Syndications, there are several major red flags I look out for:High Cash Flow.Aggressive Marketing.Lack of 100% Transparency in PPM and Marketing Material.Whenever cash flows exceed market expectations, I question the sustainability of such returns.

You can determine a competitive offer price for a property, analyze market trends, property condition, income potential, and operating expenses.

In today's market, it can be hard for some people to tell what they should do with a specific property. 

If the new buyer defaults on payments or otherwise breaches the terms of the mortgage, it could impact your credit and financial situation.Market Demand: Consider the market demand and potential buyer pool for properties sold under subject-to arrangements.

I'm particularly passionate about real estate hot market area.Outside of real estate, I enjoy DIY hobby that can improve property value, as growing houseplants, painting, and storage organization.Excited to learn and connect with you all!