Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Is this the route I should take:Find an agent to work underCold call, cold call, cold callGet good at analyzing dealsGet my real estate license  Take commission and reinvest in multifamilyPlease if anyone out there can give me some advice or point me in a direction I would really appreciate it.

Couple of things I would add as I am an investor and also a licensed GC(i.e. builder)  there in the area. 1) That property might have a zillow estimate of 1.9 million but its only 4,000 sq ft. 

The reason for this is that without a license you have no fiduciary responsibility to your clients.

Licensed?

If you drive in, there is video of your car and front passengers, the license plate scanner records the license plate number and places it in a spreadsheet that is easy to see how many times the vehicle has driven past the first street camera.   

Both ask for my license numbers.  

The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.

I have had both my GC license and real estate license, and have let both lapse.  

Thats a good reason to bring in no longer help myself in person to person negotiations on it.When I mention a revocable license agreement to continue use of the are in back, that is what the agent offered of his own accord and it and was explained to mean that if they were to need to do work there  I would not be compensated.