Do you go door to doo?

[Jennifer Cochrane]

I have heard some people start off their investing careers by going door to door looking for deals for wholesaling and lease-options... has anyone tried this with any success?

Do you just pick a neighborhood and knock on every door, or do you stake out the neighborhood ahead of time, so you have more educated guesses about who has equity, or who may be in trouble, or who is so far upside down that there really isn't anything you can do for them (I am from NV, where lots of houses are valued at $100k+ under what they were purchased for around 2005-2006)?

Thanks!