And if there is a smart way to approach this, I would like to know about it.

Will the 6% you agree to pay a Realtor be a good return on investment versus the Buyer pool that you get exposed to. 80% of buyers will use a realtor.Lastly, a few years back I had an agent approach me to list my home and he was willing to take a 2% commission.  He was a newer realtor and I had experience reviewing offers because I’m a full-time loan officer.

No matter if you try to help, if they can exploit you they often will.Like others have mentioned you need a license and even when you don't if something goes wrong, you could face lawsuits if you even smell like giving them official advice.My REAL advice however is this, and I hope you take this warning seriously.Let's talk about foreclosures for a second.According to data a few years ago (it is worse now) every 3000 mailers will get you 1 deal, which makes the chances of them wanting to sell their house 0.03%.This means 99.97% of the time, when you approach someone in foreclosure they are not interested in selling.So understand what you are factually doing...You are going through all this trouble to EXPLICITLY try to find people that do NOT want to sell their house (people in foreclosure), to try to get them to sell their house?

I’m curious how others approach finding lenders for consistent funding opportunities.

“Disheartening,” she said next, as they approached the familiar gate of the Cyprus Apartments, their former home.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Exploring multiple strategies like fix-and-flip and buy-and-hold is a smart approach, especially as you discover which niche suits you best.

What other approaches can I take into consideration that will allow me to achieve my goal of $1M/year?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

You are approaching it the right way with creating a foundation, getting your finances in order and learning about the businessGood luckGino