More specifics appreciated.Hello:Well, as I am sure you gleaned from RDPD, start living below your means to save up as much money as possible every month.Also, wholesaling is something you can do with very little money (although it's not easy and you need to get some advice).  

My thought is lower cashflow is ok because I could save that $8,000 finance and buy one or two more properties and then if those are also cashflowing then I am even further ahead. 

It doesn't cost you anything and your agent will help save you valuable time. 

Or maybe even, you've flooded enough that you're participating in HCFCD's voluntary buyout.Also for non-homeowners, say they were basically ready to buy before the disaster, had the money saved up, would have been using an fha loan anyway, maybe waiting for a lease to end.

You can't close until the title issues are resolved.  

I am 22, and my wife is 20 years old, we have about $20,000 saved up, and would like to start investing in real estate, to build wealth for us  now, and for our future.

I own a rental property in the area that I recently discovered had a small lean against the title that I need some help getting resolved.

The pros are having access to the MLS, saving the commission or making the commission, being licensed to broker sales, building a career with brokering, etc.

Start saving some money up in the meantime so you at least have some available cash.  

For reference, here is my current default log with POL -- as indicated some of these have been non-performing for many months/years but there has been almost zero movement/action by the POL "asset management" team at resolving.