You should run this through the real estate tools here on BiggerPockets' home page.

I'd like to reference some pages and see if someone can help me understand it better.

This is still no excuse to not try to tap every market (web, mailings, etc.) available to you though.

I have also created a web-site if you would like to take a look at how to get started and what to look out for.

In terms of repairs I'm also relatively clueless.

Their website has a "Credit Center" too, look in the lower left of the main page.

There are some exceptions to this, but they strongly relate to the need for appreciation.I would be interested in hearing more about the deal.

Some nit picky questions I have (relates to using options on pre-foreclosures):1) How does the option work in the sense that if I have an option, the owner cannot sell to anyone else while I hold that option, correct?

I work with my father at a Land Development company, I manage various rental properties, I do land planning, and I do a long list of other stuff from permiting to web design to taking the trash out every once in a while.

I have relatives in the Alpharetta area.