Instead of chasing distressed sellers who must sell at a deep discount, why not work 𝘄𝗶𝘁𝗵 motivated sellers who simply want debt relief or a solution to their situation?

The whole project cost about $2000-$3,000.Since this project was simply replacing planter boxes and adding gravel to an already graveled area (I did change the layout)...

If they default, you keep deposit and anything they have paid prior to default and simply evict them.

That someone is going to deliver to you, on a silver platter, a property purchase you can simply say "yeah, sure, I'll take that" where you do some paint, carpet, little cleaning and tidying and turn around and clear a $100k? 

You would then simply transfer it back to the named borrower.If you wanted to decrease the DOS issue, you can transfer to a revocable trust with the entity as beneficiary. 

I'm in the knowledge gathering phase - more time I spend here in BP and other online sources, more I am realising there is a lot more to this than simply buying something off of redfin and renting out

It's simply a better way to pay.  

I have 35k in the bank currently, so I also could simply be over my head going for a deal this expensive.

When I found the property I simply extended the radius of my search and tadaaaa "duplex" cought my attention and especially for a $350k purchase.

I simply asked what questions to ask sellers and one of them commented for me to simply go look in the zoom vault and never offered which ones even.