Pro Tip: Ask an insurance agent what your rate will be before you make that offer.

If you do a good job, the judge will reward you with an eviction, usually 5 days for the tenant to vacate (five days because that is the time period that tenant has to file for an appeal of the judges verdict).  

@Eli Jerman Owning a duplex where you live in one unit and rent out the other offers significant tax benefits but adds complexity.

Looking forward to hearing what your market has to offer. 

You have to offer a great product at a competitive price in this market.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

If for some reason this falls through should I attempt to offer more money for a quit claim deed or proceed with the newspaper notification process. 

looking to make an offer

There are a lot of websites that offer the course online, or if you have a college near you, they also typically offer a class that satisfies the pre-licensing requirement.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.