They're definitely an appealing option, especially when long-term rentals aren't cash flowing as well.

I'm looking for a skip trace platform and seen these two as an option.

I recommend talking with an attorney to see what options make sense for you.Once you have the ownership/legal entity situation handled, you'll know how many accounts to have.

I am inclined to this option as it would allow me to return home to assist my parents and save money while pursuing my law degree.- Does anyone think this is a sound idea?

being a "generalist" is not really an option in commercial in my mind. 

Starting on the blank slate may be the best option.

Also if I feel they are not actually motivated to act on a deal I send them I would rather not send it to them.Maybe a better option would be to communicating to your current realtor that you want them to be actively looking for you and sending you on market deals.

@Stuart Udis Thanks for breaking down those different buy and hold options.

Foreclosure, pre-foreclosure, REO and MLS all have viable options.

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