2% monthly return!

I am planning to purchase a multi-family unit which I think will offer me the best return for my buck but my credit is in the 650 range and I know lending standards are pretty tight right now.

How do you track down pre foreclosures who's mail comes back returned?

Become a helpful fixture.I can't tell you how many agents and appraisers I've met who went to one luncheon, didn't get any immediate business, and did not return.

A convenient way for them to send rent to me each month :-) + A full sheet of their return address, a convenient way for them to stick on the rent payment envelop :-)

It would be due to lost return on the investment.

My own market just doesn't quite pencil out, and even with slightly lower returns, I'm thinking going that route is still a better return than I'd get in my backyard and being hands on.

Wouldn't society be better off if folks had to go to the church and look a community in the eye to get help--and be required to give help in return (i.e. show up on saturdays to help hammer nails in the house being given to a needy soldier)?

I invested less money, so I need less money to make a good return.

You will see a larger Return on Investment dollar-for-dollar using hard money.