@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

What other methods should I use to acquire another property? 

Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

I got the property off-market for $250k from a trusted family friend.

Also, focus on 2 years of job/income stability.Section 8: This is the Property Class S8 was designed for.

Working with Property Managers – What should I look for in a good property manager to ensure smooth operations? 

The main problem with negative cashflow properties is this. 

I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?