If you don't have one already, seek out a mentor that is a seasoned investor. 

KW has a competitive CAP/Commission split structure (I can explain in more detail), tons of training every day of the week, we have active investors in our office, good mentors and an energetic office. 

When starting out it is best to work with a company that will provide training and mentoring.

A great mentor helps.I became one of 3 KPs on a 160 unit deal in the DFW area with about 20 passive investors.  

My real estate mentor found it via online marketing and I did the negotiating.

Shawn has been a great mentor with showing me the ropes and within 2 months of meeting with Shawn I already have two houses under contact.

Find yourself a local mentor too.

My suggestion is to find a mentor to partner up with.

Only thing though U want to do this through title at least pay for a title report when you do a deed in Lu your taking title subject to all things on it.. and there could be junior liens or loans to you.. that if you carry through with the foreclosure they are extinguished.. so do check first.then if that's clear make a deal with the first.. your either going to end up owning it.. or maybe the greater fool theory will play out and someone bids it at the sale and makes you whole.. or you can lower your opening bid to make it enticing. you don't have to start your bid at 1oo % of what your owed.. during the crash I did this often I knew at 100% of what I was owed I would end up owning it.. and having to deal with it.. but if I lowered my opening bid to just get my principal back many times it sold a the sale. and I did not have to deal with it past that..

@Dylan Bera finding a good mentor is pretty hard.