Rental Properties: Are foreclosures the only way to go?

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I am just getting in to the game of rental properties and wanted to know when you are looking for a potential property obviously you want to make sure you get a good deal. I feel like by the time I check out my states websites for rental properties the deals may already by gone. I also don't know if foreclosures are the best ones to start out with and then add some force appreciation or just get a more inexpensive well established residence?

Do you know what constitutes a "good deal"? If you know exactly what you're looking for, you can move a lot faster. If you're figuring it out along the way, the timing may be harder.