In order to obtain the best return on investment for a distressed real estate purchase, many factors must be taken into account. These details include, but are not limited to, the current and future state of the housing market for a given area, the cost of construction and related services, median rental, rental or sales prices, taxes property, the cost of title and insurance, as well as any legal implications of the purchase and sale, lease or subsequent rental. Most importantly, you have to ask yourself: “What do I hope to achieve by investing in a distressed property?” » Given the sum of $150,000, I would choose to invest in the Las Vegas real estate market, as that is where I currently reside. and secondly because it is one of the countries hardest hit by the economic downturn and therefore has a vast inventory to choose from. Despite the impact of unemployment and its impact on the market, Las Vegas has a stable group of residents and visitors who will undoubtedly bounce back in the years to come, making it a strong business. The first thing to do is to work with a true professional. real estate broker who has extensive knowledge of the Vegas market, Nevada real estate laws and some experience with auctions, foreclosures and distressed properties. To fill this role, I would choose from a stable of trusted family members who are licensed Nevada real estate agents and have no vested interest in distressed properties. The next step in the strategy would be to seek out and retain the services of a qualified home inspector for a thorough analysis. analysis and valuation of real estate. After which, I would determine three to four contractors to call on for bids on home repairs and improvements. Finally, I would consult a middle of paper......investors around the world, Warren Buffet, the critical investment factor is determining the intrinsic value of the property and paying a favorable price. Ultimately, the value of the property following the investment must far exceed the total cost. Whether the value is in future return on real capital, or in growth or personal gain. The property(ies) must provide the investor with a place to live and generate profits in the future, or create cash flow in the form of monthly rentals. to cover the mortgage and potentially increase profits. The right strategy, detailed budgets, quality products and work, and investor due diligence can turn a $150,000 investment into a short-term return of three times that amount or a return at long term of several millions for the investor ready to invest. in time, effort and determination.