thinking of buying some foreclosed properties

[tuckercat]

i figure with all the subprime problems in the US at the moment, there is a ton of insanely cheap opportunities out there. i'm wondering if anyone has experience buying foreclosed homes, i've never done it before and i don't know what to expect. ideally, i'd like to buy a bunch of houses at the same time for say 4-500k... any insight would be appreciated.