There can be so many hiccups with trying to buy the property pre-foreclosure it could leave you with a really bad experience. 

A hiccup like a car breakdown or a medical issue is going to have a much larger impact on his ability to pay the rent, and in a tenant-friendly state, you can't evict so quickly.

I am going to give a very basic example below and I would like to hear your and everyone else opinions with any flaws or hiccups that I may run into.1. 

Its not so much to say I literally need to change my goal from 1k units to 10k units, but rather to have a mindset that whatever I am going after, I can do more and achieve more doing so. 1k, 10k, 100k isn't sufficient, I need to push myself further.BP works alongside that in a way.

I will also be doing work for some investors alongside all of that.

I plan to run my current business along side being an agent for 18 months to 2 years, both to work that network for RE and to replace my income before selling the business.

@Isaac Chun, yes, that means they should be members of an LLC alongside you.

I'm now working alongside commercial investor at a private equity investment company in Malibu and loving that I have a steady income which can help with financing my next deal and that I can pick the brain of an investor who has been in the game for 40 years. 

Find a local REIA or investor meet up in your area to learn alongside like minded individuals.

Expect hiccups during rehab and always believe your inspector over a contractor...ALWAYS.