Sniping the ultra-motivated lists is an option, but very saturated and likely you will have large gaps in your pipeline and dealflow.

But, since I only buy at 10% - 20% of FMV (the ultra-cheap stuff), I don't usually mess around with these leads, and they just go to waste.

It was a great book on the lifestyles of the ultra wealthy.

SS in the right location and within a desaturated market would yield excellent returns, and ultra-low overhead.  

neighborhoodscout.com:  This is a paid site (and quite expensive if you're not a pro yet), but it provides a lot of the same data as city-data.com, only you can narrow it down to an ultra-specific geographic area (neighborhoods). 

I think the "50% rule", which states that you will expense half of your rent in maintenance, is an ultra conservative but save parameter to evaluate if a deal makes sense or not. 

My financial goal is to become ultra wealthy, so there will be much more that just real estate that I dive into, but this is where i've chosen to start.

There is everything from ultra luxury full service like the Plaza in New York all the way down to the limited service "bottom of the brand" Knights Inn or the mom and pops that are run by live-in owners.If you purchase a branded or "flagged" property, you will need to comply with the franchise agreement.

Understand the components of awesome copywritingAWAI (the American Writers and Artists Institute) educates their authors to make messages that are helpful, remarkable, ultra-particular and dire.

Sometimes the home is a transitional home for their family and they may use an ARM as well but mostly 30 year fixed for the occupant owner.I just did a VA High Balance 5/1 ARM at 2.875% (prin & Interest) for a veteran and that was a great loan 100% financing at an ultra low payment and VA ARM's unlike other ARM's have a max cap of 1% interest rate adjustment per year in years 6-30 with a cap of 5% above the start (max 7.875% - would take 5 years to get up to this amount in worst case scenario).