I'd say give it another shot and communicate with the Facebook group and Whatsapp groups for your area.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

I know this is a super old post but figured I'd give it a shot!

For now, enjoy the project, but consider transitioning to a vacation rental later for consistent income.Overall strategy..Balancing multiple properties is challenging, so leveraging property management for the rentals would be wise.

What I mean is, the payments made to the seller, is the total payments consisting of principle/interest, property taxes and mortgage insurance all wrapped into 1 payment and made to the seller?

Which consists of attorney, contractor, realtor, and property manager.

Yes there are pros and cons for sure and like any marketing channel, SEO takes work and investment to master, but it's among the best and most consistent lead sources for motivated sellers. 

However, if you expect consistent support and accountability, you might want to look elsewhere.

If you are comfortable with the risk, you can give it a shot.

Inventory has shot up by 33% since last year so we could see an even greater disparity by end of year.