It looks like you're already headed in the right direction!

I'm actually fixing to head out to a real estate school called "TREES" not sure if you're familiar with them.

Welcome to BP Ryan.You're off to a great start, having a mentor is absolutely vital if you want to lessen the bumps on the head from the school of hard knocks.

I don't know if this would work (research it b/c I'm just thinking off the top of my head here), but wouldn't a pro steam clean kill the eggs in the carpet?

Dion, position of who's head gets chopped off first I don't see as an issue, you're right that a Sub-2 seller is financing the amount they have financed.What is suggested, isn't creative financing, piling up loans isn't creative, but dangerous, especially in a Sub-2 with an underlying mortgage.Unless you have the ability to pay off a Sub-2, by selling or refinancing quickly, it's not prudent to go there.If the 1st is called, the lender forecloses your second lender looses.Next, what lender would loan to 100% without other significant assurances?

is finding duplexes at a 32% cap rate all day, then you should probably jump in head first.

There are some exceptions for example when purchasing at foreclosure and tax sales, its cash on the barrel-head right at that moment.

So I give up upside to avoid the builder going bust or skipping town or find out that the property manager I hired is an air-head. 

My idea is to utilize this to find listings that were leased for 12 months, at a specific price point, and specific area, and then utilize direct mail marketing to hit them up 4-6 months before their lease ends.The idea being to hit them up right around the time their trying to decide whether to lease again or buy.Thoughts, comments, questions, critiques, or frying pan upside the head.....

I have a few others that I will be heading out to this weekend and will be sure to update.