I have been an investor since 1986...without the huge success that Dean has had. I am of a different era than what Dean has done. When I got in it was names like Robert Lowry, Dave Del Dotto, Robert Allen, and Carlton Sheets. They all had the same thing. Nothing Down! I have all their books, tapes, CD's, manuals and others besides them. I paid $5,000 for a 5 day seminar that pumped you up so high you thought you could do anything! They all said that you had to be due diligent. Follow through and make sure everything is right before you commit.
I went to mapquest to see how far it was from me. It was 136 miles. Almost everyone in this small town has to commute into Phoenix to work. In California, where I used to live, that was common, but in Phoenix I do not think so. The commute to Phoenix would be somewhere between 36-40 miles and I do not think anyone is going to drive that distance to rent. I checked on Realtor.com and found several others very close in price that were being sold through a realtor and not an REO or a Short Sale or Foreclosure. I could get a great deal on it and it would be some time before it would be able to be rentable since the previous owner took all the appliances and stole all the wiring inside the walls. If you have watched the new show SHARK TANK, I will use their words: I'm Out!