In order for a bank to accelerate a loan (initiate foreclosure) the borrower must be in default (for residential loans this can ONLY be for lack of timely payment).

While your area may be expensive to buy rentals for long term hold you may be able to flip a couple of properties to accelerate you cash building.

 I will advice , to keep reading and learning. if you want to accelerate your process , use those 3k for education ...  

I am trying to compile all of this data so I can keep track of the trend and possibly use it for some capital gains in the future.The 5 metrics are:existing-home salesnew home building permitsmortgage loan defaultsforeclosure salesinterest ratesThis is the first time I have really dug into data scouting and I think it will be a useful skill set, once developed, because I am looking at getting into note investing in the next 6 months and using the cashflow from those assets to accelerate my SFR buy and hold strategy.

The loan that you take out should not have any due upon sale clause which could possibly cause your lender to accelerate the loan. 

I think this is an area that will continue to grow and experience accelerated growth.

If you think you will go FHA, Conventional, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

We were overdue for a correction to say the least and then accelerated it. 

I'd also consider partnering with your first deal to accelerate that timeline even faster. 

There is nothing like having a real opportunity on the line to accelerate the learning curve.