If you need financial help, ask under the "Finance, Tax, and Legal" forum.

What is the interest rate on borrowing compared to the rate you are earning, then take into consideration the tax consequences. 

Does he understand, Deeds, Due On Sale, Insurance, tax implications, servicing, contracts and so on?

The 1031 exchange rule to defer your tax is two part 1) reinvest all your proceeds and 2) purchase a property (or properties / DSTs/TICs) with an equal or greater market value.  

Keep in mind that you get to depreciate these appliances on your taxes.

Your loan will be $1,100 a month, add insurance and property tax.

@Chris Seveney The types of leads I'm targeting are absentee owners, vacant properties, pre-foreclosures, tax delinquencies, and probates. 

If not, what are property tax sales? 

So obviously being in foreclosure, absentee owner, tax lien or any of such "distress" doesn't make you motivated.So what you need to ask yourself is "how do these software determine who or what is a motivated seller right?

A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity.