How we will go about acquiring the properties, running the numbers and doing our due diligence is another story. 

@Ray Realdine when I did affordable housing, a majority of my tenants were computer illiterate or didn't have access to a computer/internet.

Single dwelling with smaller floor plans are 650-700K in 2016Property under contract 620KCity of OrangeDirectly across local university Zoned: R16000 sq ft3bd/1ba - 1500 sq ft main dwelling$2700 rent for main dwellingmain dwelling needs 50k of rehab on its ownallowed up to a 640 sqft accessory unit with an attached garage that does not count against 640 sq ft.public access way available to accessory unit garage$1800 potential rent for accessory unitHave at it BP. 

The HELOC gives you access to that equity so if you close it out then you will no longer have that access.

I am getting my license so I can be more educated in real estate, get access to MLS, and be able to see properties quickly.I thought I should look for a Broker who is an investor so he/she could help guide me as I expand in the future. 

would like to know how can i mail out letters for owner financing to home owners i already know to access town records to find address just would like a solid ground on what to include on my letter that send to them thanks.

While I only have about 25K to start my investing career, I thought of an interesting way to potentially acquire the rental property...My friend owns and operates a relatively large landscaping company in our neighborhood. 

He just helped me acquire a duplex and a quad!

How do I go about acquiring this property before it gets foreclosed on?

Yes since you are a pro member u should have access to the BP calculator.. but just taking that income and dividing it in have for 50percent rule you get 1088.5.