I would contact a local realtor who has access to REO and bank owned properties or who might be aware of some short sale opportunities.
We have some on our site at
http:// www.thesomersteam.com and are close to launching a new investor site as well that will have more of the info that you are looking for.
You can email us from our contact info page on our site and when we launch the site can let you know !
- Earlier today