Based on what I have read and watched, it does not seem like you can quit your day job with 1 property, as most of your capital is tied up in it.

Watch million dollar listings for tips.. 

I read Lindahl's "Multi-family Millions" and watched the BP webinaire on BRRRR.

Do you think this type of financing is a game-changer, or are there pitfalls to watch out for?

See here:https://www.youtube.com/watch?

Yeah I already have a foreclosure list, our county posts it for free online, I would love to watch that video I am going to DM you. 

You may just be tired of watching the pot boil.

@OSAMAH AL-BAGHDADIAnalyzing a market Sperling’s Best Placeshttp://www.bestplaces.net/School Diggerhttps://www.schooldigger.com/State & Localhttps://www.statelocalgov.net/GeoMetrxhttps://geometrx.com/Social Explorerhttps://www.socialexplorer.com/Justice Maphttps://justicemap.org/Safety/Crime StatisticsSpotcrimehttps://spotcrime.com/ Family Watch Doghttp://www.familywatchdog.us/Neighborhood Scouthttps://www.neighborhoodscout.com/City Protecthttps://cityprotect.com/ Crime Mappinghttps://www.crimemapping.com/

Are there any red flags I should watch for?

Only attorneys are allowed to represent corporations and LLCs  in Florida.Going to be very interesting to watch these cases move forward.