I think it might be a hindrance to your brand/ reputation especially if you are using a company or LLC, many scams use Facebook messages and you don't really want to be associated with scams like that. 

My advice:1) keep the 10k saved up2) Using a HELOC would be wise because of the low interest rate.

I am also practicing valuing listings I find on Zillow using a Proforma spreadsheet.Hello to all, thanks for this community...and I'm excited to learn!

I have done it many times, saving the 3% commission credit to myself without using a buyer agent.

If you are using a property manager, you will also have to pay them a leasing fee every time a tenant turns over.4) $700 seems low for annual reserves.  

Of course there is also insurance and taxes and maintenance (still well lower than the $1500 for stocks) but it is an asset that will appreciate (specifically where I buy) and if there is a crash I still get the rent.I do also invest in stocks using a method called Iron Condor on the S&P500 Index.

The concept of an unlimited ROI was intriguing (using a hard money loan to pay and fix a buy-and-hold property and refinance after completion with essentially no money down).My questions are:1-"What happens when loans dry up such as during a recession?"

I'm using a line of credit to buy them.

Then on Jan 8th, 2013 the same company recorded a withdrawal of notice of election....I was behind in 2012 on purpose because I was advised to pursue a program to reduce my monthly payments on the house using a government program.

I feel that it's probably more involved than using a typical property inspector who generally deal with SFR.