Then you start collecting names and "soft commitments" of the amount of money people would invest if you found the right deal.  

I get the whole 1.market to motivated sellers 2.put house under contract 3.market to buyers  4.find buyer 5.collect check.

You're talking about selling a lease option contract (assignment) but also collecting payments (sandwich).

@April MolinaYou can find case shiller data on below link.

There's tons of data out there, but you'll likely be in the center of the country where real estate hasn't already exploded.After picking a market, I'd get some contacts in that market. 

Underwriting may be aggressive and the sponsor knows it, so they want to make sure they get paid lots of fees, which they collect no matter how the deal performs.Watch out for too much leverage.  

You should talk to local tax collecting agency/municipality.

If the tenant leaves, now you’re running a bar or it’s sitting idle not collecting rent.

I worked with a FANTASTIC developer from upwork to aggregate all the valuable public data on distressed properties into a program that cross-references all those separate data sources and finds the matching data from each list.

I worked with a FANTASTIC developer from upwork to aggregate all the valuable public data on distressed properties into a program that cross-references all those separate data sources and finds the matching data from each list.