@Nate McCarthy I think this could be a great opportunity if approached thoughtfully.

In a previous post, I discussed the difference in each of the most common cost segregation study approaches.

As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.

My approach is to take a few minutes per quarter and make sure it is accurate by manually checking my true competition and adjustmenting prices accordingly. 

Our hybrid approach has worked well.

Quote from @Nicole Laba: I work with investors in Chicago who are actively buying off-market properties, and Ive noticed that everyone has a different approach when it comes to sourcing deals.

Am I right in saying that it seems like fix & flipping might be the best approach in Spain?

No action by the judge.An investor called me last week to tell me he had approached the foreclosed upon owner and purchased the right of redemption.