Step 2: Once you know what you want to target, that allows you to then build the list.

Also, I would aim to target a lot more sellers.

Hypothetically speaking, the IL locations I chose are near the University, I am very familiar with leasing by the bed space/student housing, therefore my primary focus there would be to target college families that come in to town for their students for graduation purposes, sporting events, etc.

Base your assessments on thorough research within your target investment area and draw insights from others who have experience there.

So the distress if be targeting is acute: there's a one time special assessment and the owner can't get that much money together fast enough.

wow. thanks i never really though of it like that. although im not serious right now about getting homes, i just drove around my target area wrote down a few vacant homes. what should i do now>

We have our targeted locations and price range (as we are not going to use all the funds).

If you're wanting to locate off market deals I'd talk to @Jerry Puckett as he runs a mail house, is an investor, and is in your target area. 

https://www.zillow.com/homedetails/2707-W-Nichols-...Just look at a ton of properties and start narrowing down to target neighborhoods.

Those aren't goals...those may be targets, but not goals.