I would talk with a lawyer and CPA, but either way, if you get a good deal on the properties and they are in great markets and locations (the market should have population growth, a variety of employment, low property rate, etc.) then I say go for it.

Getting into this market and trouble shooting the weird varieties and niches of the market I would look to his expertise.

You can find them in a variety of ways like driving for dollars, post cards, cold calling, hanging posters, bandit signs, talking with friends and neighbrs and so on. 

I think if a list like that was published, first it would probably be illegal under the FCRA information to publish and second no one who had the list would ever reveal it. :-) It's gold!

As far as software goes I would suggest using Cozy.co which is a free property management software that allows you to do a variety of things such as credit and background checks.Good luck!

I personally love having the variety in our portfolio but commercial is not for the faint of heart. 

Thanks Scott,NV claims to be the most accommodating state in which to form a small business LLC, DL for larger  corporations.A Certificate of Authorization is then required to operate in various states.Those 2 states also supposedly protect the owners privacy where other states reveal such personal material ie: name & address.Any experience an asset protection / recovery attorney can share with the forum would be interesting.

Filled with a variety of people that may or may not run the operation professionally.  

@Gautam Venkatesan - I get my deals from a variety of places.  

This one in particular was merely an auto insurance backlink, but I get them from the adult industry and a variety of others as well.