Clarification needed because resources could be educational or informational, and assets include but not limited to MFH, MHP, storage, offices, hotels, etc.

This card also has a credit limit of $30,000. 

But if you decide to wait for the sale and be a participant in the tax auction, some counties have online tax sales, you can wipe not only your own mortgage but also the second and any liens that your borrower may have accumulated including but not limited to IRS liens and then move into REO by Tax Sale/Sherrif Deed. 

All the profits pass through up to my holding LLC and profits expenses as much as possible in each layer to limit taxes.

I have limited construction / rehab experience and I'm wondering If I should be hiring a General Contractor to do the work or finding each individual person myself and acting as the GC.How do some of you handle getting the work done?

Do you have any recommendations on an agency that would sponsor me on the licensee knowing that I'm not going to be actively working as a buyers/seller's agent other than on a limited part-time basis?

This does have some limitations in that cannot stop them from doing partial payments, which could be a problem if they are facing eviction, etc— but if this is an issue then I guess can just return the money to them without jeopardizing your eviction time frame etc, as long as you have clearly said that no partial payments accepted.

The practice you get from analyzing deals will help to ensure you don’t pay through the nose for your first deal so as long as you know your limits and don’t bite off a bigger project than you can handle, it should be a very positive and informative process.

I want them to always be flat.. so that when I sell I lose money.. given depreciation recapture and cap ex and sales costs.. nothing is forever.. 70% of folks will sell their rentals at some point and unless you have some nice appreciation you will have done a lot of work for very little money or a loss. 

Using leverage and little down can result into multiple property losses when tenants can not afford to pay and you have little means to sustain.You need a CPA advice to determine what is best for you.