You'll get a good feel pretty quickly, then just reach out to talk to as many as you can, ideally in a specific market.

Ideally specialize in single family house rental in midtown Toronto.

Remember, you're looking for a good deal, not a short sale.

I spoke with more asset managers at banks regarding foreclosures, and sent more letters to peoples homes offering to buy them than I can ever remember.

Also, remember Philly is block by block, just because you find something in those zip codes doesn't mean its a good flip. 

In many ways, this is the ideal set up to get your start in REI. 

Just by way of intro: licensed in 1981 (remember 18% interest rates anyone?). 

My way of thinking was I get the house under contract, take out the loan to make the mortgage payments, and then on the resell of property ideally I'd want a large enough profit to where I can repay my loan and still make a profit. 

Maybe not ideal, but positive cashflow and have a decent amount in equity.

Ideally you should do that in person.