(right now).....What has worked for me in the past is by handwriting a card or letter to every person you have consulted about this property that states your immediate interest if they ever consider selling with your contact details, business card etc.

Maybe even look into buying/selling or flip strategies to build wealth.While I realize what it means to be self-employed as I successfully ran my own IT consulting business for over 10 years (in the past), I really want to know how you spend your time on a daily basis to build your business.

I don't mind being ignored Todd, many attorneys give free initial consultations, before you leap ask a local attorney about your plan, whatever it might be.New real estate investors really need to read a bit (an hour's worth) about TORT LAW and what a Tort is.

Consult an attorney to see if you can break it?

Consult with a real estate friendly CPA and a real estate attorney in your area for more information and the best way to protect your assets and money. 

If you go down this road I would consult with some experienced contractors and bring them during inspection time.

I would highly recommend consulting with a real estate attorney, preferably one who has dealt with investors, about what you are trying to accomplish and let him advise you on how to limit liability and what your obligations are.

I am not a lawyer, and you should definitely consult one.In my non legal opinionI would file for eviction do to tenant negligence.

Given this is the case then I suggest that before you do anything consult with a GC and or Architect to get a clear understanding of what you are getting yourself into.

If I was you I would, try to see what you qualify for first, study see if there is any homes that might give you positive cash flow try, north county areas like Escondido and Oceanside tend to be more affordable but with good income rent. that's how I started first year bought 2 with 5% down loans, I got a tiny positive cash flow and grew my income and credit history I went with HML and did some flips and all in expensive San Diego no money to start, now I give HML and have consulting firm for first time investors and we have acquire over 230 properties all in the county with all and all is about the numbers. please fill free to ask me I could maybe guide you in the right way, I am not very active on bigger pockets but ill be on it this weekend.