I got into RE investing utilizing the same strategy as you're exploring.

Add some nuk power generation FINALLY and lower household utility costs another 5%, adding a bit more to disposable incomes. 

I found a single family home built in 2004 for $240,000 and believe I can get 20% down within 12 months.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Opt 1) utilizing our savings in the brokerage account and emergency fund and pay for it all up front. 

Quote from @Kris Kempe: Hey BP fam, Have a single family home I got under contract and planned on wholesaling.

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process. 

you can utilize a skip tracing company to get contact information for the owners.

I have one single family rental now.