There are a lot of paths you can chase… but for market searches, the above is what I do. 

I no longer do it but the old group and that LLC is still alive and well doing it.. margins are just too thin for my taste.Closest to that would be to hold yourself out as a foreclosure service whereby you chase down all the deals do title and bid for the money people and take a fee.. this is quite an industry in PHX and other markets like Atlanta.. 

Hope it doesn’t sour everyone from chasing their vision.

I would ask your realtor for local property management referrals, they will be the best source of the top local players in your market3.

Too many people want to go out of city of state because they are chasing the 'better' returns.

One of the principal industry concerns about the vast power granted to the Consumer Financial Protection Bureau was that these powers were too insulated from review….The ruling sends a crystal-clear message to federal agencies that their powers are not unlimited…We would not be at this point today if government agencies were more prudent and consistent about staying within their statutory authorities, grounding their rulemakings in empirical facts, and heeding appropriate procedural safeguards…Instead, too frequently, our regulators appear to be chasing headlines and short-term political wins.”National Association of Homebuilders - “Today’s Supreme Court ruling is an important step forward to advance meaningful regulatory reform because it means that federal agencies can no longer continuously change the law – and the intent of Congress – by implementing their own interpretation of statutes as long as the interpretation is viewed as being ‘reasonable.’

The pro's for me were that I didn't need to chase after renters for rent because Section 8 mails it to you directly and the yearly inspections were a pro for me because I know what I need to do in the house.

It's all in which direction do you want to chase properties.

That said, they have more incentive to chase big accounts and those of debtors who have significant assets to protect. 

It's not repeatable for a new investor with zero knowledge or experience and I think it's irresponsible to encourage him to cash out equity and chase rainbows.