You have no idea how filthy these houses can be. Dead animals, live animals, roaches, lots of live roaches, crawling insects of all kinds in 90 degree temperatures, rotting food, human excrement, noxious odors and substances that will make your hair curl. And oh yes, dead bodies. Or worse, live bodies, druggies and other squatters.
These are some of the things I run into every day in being one of the early visitors to a foreclosed home. Most of the action is in the urban slums, so you had better be comfortable hanging out in some bad neighborhoods. It can be frightening, but I've gotten used to it. I go in jeans and a hoodie to blend in. I keep my head down and my crowbar close by.
Also the trash-out guys usually get to board the house up, so you need a truck, access to cheap plywood, and the physical wherewithal to undertake that task, again in 15 degrees in January or 95 degrees in July.
You are also competing with landscapers and other out-of-work types who will work cheap.
I'd look for another opportunity.
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Agent of the Year 2008
Owner: Sands Appraisal Service, Inc.
Phone (direct): (973) 584-4235