This at the end of the day is still with in operable investment margins. 

Good agents will take time to educate you, build a relationship and feed you good deals but they have to know you are serious and they are not wasting their time, specifically at those price points.

Send mailers to the areas you want to buy, not the specific list of pre-foreclosures.

I think the profit margin for a buyer is really good, but I just want to make sure I'm estimating the repairs as accurately as I can. 

Going to brush up on the state specific laws and the talk with the tenants as suggested!

Hello all,I’m looking into buying rental properties in Puerto Rico, specifically in the San Juan area.

When you write out seven hundred eighty-six on the offer it leaves them no room to counter unless they chicken scratch it in the margins. 

@Naveen Kumar,there might be some local private lender who will do that based on your particular scenario but I don't have one specifically to refer you to.

This can help in folks providing specific, actionable advice and recommendations.

If the seller is not justified in canceling the contract, then they would be in breach of said contract and could be sued for specific performance.