But when their business relationship with the actual bank soured, the API connection was severed and the people were basically left without access to their money.. 

It's a great small business.

first, you need to understand what created the motivation for an owner to sell the house, then create the list according to those metricsAlso, you need to have a plan once you get a list, how are you going to get in contact with them It all depends on your budget. 

As we all know business is about growing, but a lot of business die from eating too much than starving.

@Mimi Wright the inspector is the "Hand of God" so it depends heavily on what they said and directed to be done. 

Context:*For my business - I had initially setup a profit-first system w/ multiple bank accounts at my local credit union*For the properties under management -  I setup two trust accounts (rents and deposits) with Chase. 

Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.

There are companies that sell turn-key rentals that could be a great solution for a busy professional, or maybe finding a reputable wholesaling company or realtor to help bring you deals to leverage your time better. 

It depends on how much damage was there before vs after. 

I believe both BRRRR and private money have their place in my particular area and business model.