I would recommend that you go to some of the local meetups if you are able to as you will meet the key players in your areas of interest.

Purchase price: $235,000 Cash invested: $72,000 Sale price: $430,000 Contributors: Dominic Turco, Victoria Loder Quality remodel in Lake City neighborhood of Lakewood.

Always follow what the big players are doing.  

The county will allow you to set up a meeting with them and allow you to ask questions with community development, and associated players.

I am not a big player in this game but I have found that if you do due diligence with backgrounds,  if your rates are fair, your contracts are well written, and you are politely and consistently enforcing them...you will have a reputation that eliminates many problematic renters from coming to you.  

I have met some real players here in California who have made huge profits on deals, but they are also being stupid and spending like they are Trump.  

foreclosure buyers are like any other buyers some want to go all the way with rehab etc others are simply wholesalers.I know one company in Oregon that their model is to always post the deal wholesale first if it does not sell in 2 weeks then they get after it rehab it and retail it. and in some markets that are very very tight this is one way to get inventory... as opposed to competing with 1,000 wholesalers all beating each other up for the deal.. as most of those buyers can't come up with cash for the auction.. seperates the cashed up players from those trying to leverage into deals.

This topic comes up quite often here on the forum and you will quickly learn who are the key players.

But don’t let another player take your chips.

I suggest you visit any area you are considering investing in and meet with the turnkey or other team players you are considering working with.