I'm sure you know about the new Lowes/Walmart in the Green Co.

Their portfolio product has low closing costs, too, but required one year seasoning.

The possible red flags are a) why wasn't he able to sell it for 199k when most sales are in the low to mid 200s in the area; b) why doesn't he just list it again at a lower price; c) what is he not telling me about his situation given that he's behind on his 2nd, which is a small amount?

I place more blame on NAR for keeping the bar so low and not making education more of a priority.At the end of the day, most folks simply "play" Realtor and got into the business thinking that it was easy money.

investers and especially the buyers want properties in good safe places, like close to schools, parks, sports areas ect... places with low crime rates in up kept areas.

If I do any more low-income rehabs I'll be getting my concealed carry permit.

Hopefully the traffic is low cost or free.

Appraisals mean nothing, whether they are high or low.

I get my information from here or free to low cost videos and books.

Normally my houses are for sale lower than the houses that are forclosed on.I get my leads from distressed sellers and get it under contract for low enough that buyers would rather buy directly from someone like me at a lower price than have to deal with the bank at a higher price.