My two cents are: look at as many properties as you can so you will recognize what is undervalued and overvalued and choose something that needs minor or moderate work (unless of course you're really handy already). 

At the point in time a business sells inventory, the corresponding accounting entry is "Cost of Goods Sold" which is a fancy way of recognizing the expenses associated with that inventory.

I recognize that hundreds of blighted properties have been demolished.  

Ideally someone out of the area who plans to be hands off (and therefore recognizes your value).

I believe that good hard work should be recognized, so I wanted to post this in case there are other potential investors in the area that are looking to build their team with great people.

If the property was really a good deal, other people saw it, recognized it, and bought it.What information do you have to suggest that your original Realtor bought it?

Start looking at properties and running the numbers so you will be ready to recognize the great deal when it comes along.

I don't know if "you can" however it is certainly possible and I've done this many, many times.What's difficult is getting the lender or loan servicer to recognize your association with the account.

Additionally, I am seeking private investors that recognize the experience and knowledge that I bring to the deal.I hope to network with lots of people here on BiggerPockets!

Llpeng...I congratulate you for recognizing your "new", but I must caution you about believing you can ask a few questions on this site and will gain enough knowledge to keep from getting sued or losing money.