It's especially good to have one that provides leads too.Just be prepared for the time it takes for your first paycheck.

If you learn from this one, you’ll be better prepared for the next one.

If anyone else bids, the trustee will say "I'm prepared to go to $75,100"No one else bids and bank wins the bid for 1 dollar.

Here are a few examples:Vacant unitsApartment - you can still underwrite value for vacant units since all you need to do is prepare them for rent and start marketing.  

Andrew Johnson “I use Appfolio out of santa barbara, ca its definitely not free and my property mgmt company passes those costs down to me which I think is around 50-60 bucks a month based on number of units under the service.I am able to see all reports from rent rolls, cash flow statements / trailing 12 month cash flow, tenant ledgers, maintenance requests, dialog between tenants and mgmt staff, resolutions to maintenance requests, move in pictures, move out pictures, or video, and many more features.What I like is that it allows the vendors to be in a dialog/text/chat box so they are prepared (vendor) prior to job assignment with lockbox codes, scope of work and pictures before they even go to the site so we dont waste time figuring things out and run up a huge $$$ bill for lack of efficiency.”

Down payment:  if you are going 4 unit and more, be prepare to do 25% down. 

Even though I haven't been actively investing I am constantly looking for ways to educate myself in this business such as reading books and blog posts, listening to podcasts, watching videos, and attending a few local meet ups.During my research and preparation, I have found a niche that I would like to really focus on.Today I visited my county courthouse and interacted with the Register of Wills Clerk who was kind enough to show me how to use the system to check the open probates list.

Have not taken photos yet, been in a mad dash preparing for listing.

Instead put in the roads, ubdivide, prepare the plat and lots and sell. 

I've always found that preparation, hard work, and most importantly taking Action are the keys to luck.