It is not typical that you will find SF deal after deal, and if you are actively marketing for distressed sellers many...most...will want cash sales.

But usually section 8 is the same or slightly above market rents.

Just a heads-up: with the way the insurance market has been here over the past couple of years, this is accurate as of today, but things could look very different (for better or worse) in 6+ months.

Starting from my backyard I'm looking to connect with some vets in the industry and familiar to the area/market.

I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?  

What markets are you thinking of investing in?

Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

I suspect it's due to the change in the housing market and economy.  

. $2,000 is about the going rate in my market.2.

Quote from @Aishan Gonaduwage: I am seeing good deals in Detroit that could cash flow in the current market.